Preparing LBOR Rates Transition to SOFR Rates
Preparing for transition from LBOR to SOFR, Treasury Final Regulations adopting SOFR, and incorporating comment which recommended using the one-month term SOFR,
Source: natlawreview.com
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Treasury Releases Guidance on the Transition from Interbank Offer Rates to Other Reference Rates with Respect to the Interest Rates of a Foreign Bank | Foley & Lardner LLP
On June 30, 2023, the United States Department of the Treasury (“Treasury”) published Final Regulations as guidance on the transition from the use of the Interbank Offer Rate (IBOR) to...
Source: jdsupra.com