COVID-19 Business Impact Series: LIBOR Update

This webinar covered the following: 

The extraordinary governmental actions taken in response to the COVID-19 coronavirus pandemic impacted bank funding, including the extent to which, and the rates at which, interbank LIBOR-based lending is being utilized.  Against this background, lawyers from Dechert’s Global Finance and Derivatives practices discussed LIBOR from four different angles by sharing their perspectives on the movements in floating rates and their effects on credit markets, providing an update on guidance from the FCA/Bank of England on the proposed end date for publication of LIBORs, discussing recent announcements from the ARRC, and explaining developments with ISDA, including an update on the responses to recent ISDA consultations.