New transactions started in January 2022 and will not be based on -IBOR. And while financial institutions are deep into SOFR for their own books, some borrowers may not have access to SOFR. The time to act is now. Learn more about this transition and the steps you need to take.
Five Critical Steps To Take In the Transition:
- Educate yourself and your organization
- Identify IBOR exposure
- Access fallback provisions
- Evaluate impact
- Identify contractual remediation opportunities
This is a must-read to set you and your team up for success!