Tag: material-change
-
Florida’s New Law on LIBOR Reform Explained
– Libor was announced to be discontinued in 2021, with publication ceasing for certain maturities after December 31, 2021, and the remaining maturities ceasing after June 30, 2023. – The ARRC identified the SOFR as its preferred alternative rate and published recommended fallback language for new debt issuances in the U.S. – Florida introduced draft…