LexisNexis®
University

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Research & Drafting Techniques for Finance: Replacing LIBOR

Content Provider
LexisNexis
Product
CLE
Date
09/30/2022
Time
1:00pm - 2:00pm Eastern Time (US & Canada)
Presenter(s)
Melissa Morrison
Seats
Available
Learning Method
Virtual Training (WebEx)
Practice Area
Banking and Financial Services
Registration End
09/30/2022

Price $0.00

Registration Closed

Description

In July of 2017, the United Kingdom’s Financial Conduct Authority announced that LIBOR (London Interbank Offered Rate) will be phased out in 2021, as regulators look to replace it with a more reliable alternative. LIBOR is a benchmark rate that is calculated from reported interest rates that select banks pay to borrow from each other on an unsecured basis. As the transition away from LIBOR towards a new, alternative benchmark rate is well underway, there are several steps lenders and finance counsel should take now to amend existing transaction documentation and to manage new transactions. This course will discuss the history, present and future of LIBOR.

Literature

State Status Total Credits Type Of Credit Approved Thru
AlaskaApproved1.00General
ArizonaApproved1.00General
ArkansasApproved1.00General
CaliforniaApproved1.00Participatory
ColoradoApproved1.00General
ConnecticutApproved1.00General
HawaiiApproved1.00General
IllinoisApproved1.00General
LouisianaApproved1.00General
NevadaApproved1.00General12/31/2023
New HampshireApproved1.00General
New JerseyApproved1.00General
New MexicoApproved1.00General
New YorkApproved1.00Skills
OklahomaApproved1.00General
PennsylvaniaApproved1.00General
South CarolinaApproved1.00General
TexasApproved1.00General
VermontApproved1.00General
WisconsinApproved1.00General