Shortly after the March 2021 ICE Benchmark Administration (IBA) announcements, Matthew Hays, global head of Dechert's Asset Finance & Securitization practice, hosted a discussion with Tal Reback. Tal is a Principal at KKR, where she focuses on the firm’s credit funds and portfolios and is leading KKR’s LIBOR transition efforts. She serves as a member of the Federal Reserve Board and the New York Fed’s Alternative Reference Rates Committee (ARRC) and the LSTA.
Topics discussed include:
- Where are we today as far as preparation for
LIBOR transition, and what impact have the recent announcements had? - What operational areas of the LIBOR transition is KKR focused on
- What advice do you have on educating internal and external stakeholders on LIBOR?
- What impact would a multi-rate environment have on the market?
- Should the market wait for term SOFR?
Guest Speaker:
Tal Reback, Principal, KKR
