Page 3 - Benchmark Administration News Today

State Street Corporation today announced information regarding the transition of its presently outstanding U.S. Dollar LIBOR-linked instruments, consisting of several floating or fixed-to-floating... | June 9, 2023

US Dollar London InterBank Offered Rate LIBOR set to expire July 1 2023 creates complications for variable rate notes and bonds. Congress Federal Reserve passed legislation provide benchmarks but not thorough enough for some forms of debt.

PPL Capital Funding, Inc. (

There are major issues arising from the phaseout of the US Dollar London InterBank Offered Rate (LIBOR), which will soon become apparent in connection with LIBOR’s fast-approaching end...

U.S. Bancorp announced today that, after June 30, 2023, 3-month CME Term SOFR, as administered by CME Group Benchmark Administration, Ltd. plus the relevant tenor spread adjustment will be the... | May 16, 2023

Managements Discussion and Analysis represents an overview of the results of operations and financial condition of Wesbanco for the three months ended March 31, 2023. This discussion and analysis... | May 4, 2023

/PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that, after June 30, 2023, US dollar LIBOR will be replaced with CME...

Toyota’s ABS deal should not derail effort to expand use of term rate in derivatives

/PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.50...

CHARLOTTE, N.C., March 31, 2023 /PRNewswire/ -- Bank of America Corporation , BofA Finance LLC and certain other BAC-affiliated issuers have issued and outstanding certain floating or... | March 31, 2023