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With the last U.S. dollar (“USD”) LIBOR tenors being discontinued on June 30, 2023, the time has come for borrowers and lenders (and lessees and lessors) to think about replacing LIBOR...

General The following management discussion and analysis provides information which management believes is relevant to an assessment and understanding of our financial condition and results of... | August 12, 2022

Item 1.01. Entry into a Material Definitive Agreement. Effective July 18, 2022, Southwest Iowa Renewable Energy, LLC , Farm Credit Services of America, FLCA , Farm Credit Services of America, PCA ...

There are three basic ways to transition from a legacy LIBOR loan to a benchmark replacement rate.

The LIBOR transition process continues to roll along. New transactions are (mostly) being closed without using LIBOR any more, and many legacy transactions are naturally transitioning...

Term SOFR, the forward-looking term rate based on the Secured Overnight Financing Rate (SOFR), has become an established benchmark rate for new US Dollar lending in the US syndicated...

Our topic today is breakage costs (also called “break funding” costs) in your new SOFR credit agreements. Someone in the market recently asked: - “I have a friend (OK,...

Investegate announcements from Avast PLC, Full Year Results 2021

BETHESDA, Md., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (Nasdaq: LQDT), a leading global commerce company powering the circular economy,...

Where we left off: In our Mid-Year Check-In blogpost, we noted that progress in the development and readiness of some credit sensitive interest rate indices (e.g., Bloomberg’s BSBY,...