By: The Practical Guidance Finance Team
The UK Financial Conduct Authority (FCA) has formally set the dates by which panel banks will no longer report on tenors of the London Interbank Offered Rate (LIBOR). These are the final dates the FCA will regulate...
By: M. Shams Billah , BARNES & THORNBURG LLP, NEW YORK
This article discusses guidance for borrowers and private equity sponsors entering into private credit loans with nonbank lenders in the middle to lower-middle market space.
The article also...
Sustainability-Linked Loans Overview
Sustainability-linked loans are loans where the economic characteristics can vary depending on whether the borrower achieves ambitious, material, and quantifiable predetermined sustainability performance objectives...
By: The Practical Guidance Finance Team
This article discusses the energy security and climate change initiatives included in the Inflation Reduction Act of 2022 1 (IRA) and brings together a collection of related resources that include additional guidance...
By: The Practical Guidance Finance Team
This article discusses credit spread adjustments related to the differential in rates between the London Interbank Offered Rate (LIBOR) and the Secured Overnight Financing Rate (SOFR).
While LIBOR and SOFR historically...