News + Insights
- Dec 3, 2019
- LIBOR Transition: Do Recent Credit Agreements “Adequately and Fairly” Reflect the ARRC’s Fallback Provisions?
While the loan markets have yet to adopt SOFR as a replacement benchmark to LIBOR, lenders and borrowers have started using the ARRC’s fallback provisions or variations thereof in credit agreements. However, in almost all cases credit agreements continue to contain other standard provisions that arguably are inconsistent with the ARRC provisions and should be removed. MoreSep 23, 2019
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- December 9, 20199:00 AMAsaf ReindelHerzog Fox & Neeman and The Israeli Hedge Fund AssociationThe Offices of Herzog Fox & Neeman (HFN), Weizmann St 4, Tel Aviv-Yafo, Israel