On 29 July 2021, the US Alternative Reference Rates Committee (ARRC) announced that it formally recommended the forward Term SOFR published by CME Group, Inc. (CME) for use in connection with business loans.
As is well known, LIBOR will cease to be published on 31 December 2021 (for all currencies and tenors other than the most commonly used USD settings) and 30 June 2023 (for those remaining USD settings). Financial institutions must also work towards earlier LIBOR transition deadlines set for them by…
We have a proven track record of advising on export credit agency export financings, regularly advising financial institutions, export credit agencies, exporters, producers and corporate borrowers on financing solutions. Please click on the link below to find out more about our ECA Export Finance capabilities. DOWNLOAD
We have a proven track record of advising on export credit agency export financings, regularly advising financial institutions, export credit agencies, exporters, producers and corporate borrowers on financing solutions. Please click on the link below to find out more about our ECA Export Finance capabilities. Download