LIBOR Phase-Out: The Clock Is Ticking
Join us for a client webinar!
Thursday, 7.16.20 from 10:00-11:00 a.m. | via Zoom
TOPICS TO BE COVERED:
- Why is LIBOR being replaced as a primary index rate?
- SOFR: The proposed replacement index rate and its benefits and shortcomings
- Replacement of LIBOR as the reference rate for existing contracts and loan documents
- Steps to take as a lender when transitioning to an alternative reference rate
- Steps to take as a borrower in connection with LIBOR replacement
PRESENTERS INCLUDE:
Katie Chapman | Michael Kot | Matthew Weger
The presenters at this event regularly represent lenders and businesses in financing transactions and will address the impacts of the phase-out of LIBOR as a primary index rate, the implementation of SOFR as a replacement index rate, and the hurdles associated with the modification of existing LIBOR-based financing transactions before December 31, 2021.
For questions or to RSVP, please contact genevieve.sawyer@hcmp.com.
To view the slide deck, click here.