Ashurst Banking and Finance Alert - LIBOR is changing

04-Oct-2012

The UK Government's independent Wheatley Review of LIBOR published its Final Report on 28 September 2012 recommending comprehensive reform, but not replacement, of LIBOR. In this briefing, Ashurst provide a high level overview of the proposed changes and offer some initial thoughts on how the proposed changes might affect typical loans (primary and secondary), CLOs, derivatives, bonds, structured products and repo transactions.

Read Ashurst's review.

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