It’s time to turbo-charge LIBOR transition
26 November 2020Since the start of the coronavirus pandemic, real estate lenders’ attention has been on the asset management required to support their sponsors.
However, the countdown to the discontinuation of the London Interbank Offered Rate – better known as LIBOR and the reference rate in most floating-rate property loans – has continued uninterrupted.
In a piece published by RE Capital, senior counsel Laura Bretherton explains what lenders in the UK need to do to be ready for the end of LIBOR.
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