NatWest writes to thousands of corporates about Libor shift
by Mike Turner
October 07, 2020 11:15 AM
NatWest plans to contact around 3,500 of its corporate clients from Thursday to inform them about the end of Libor as a benchmark and what their options and next steps are, as a recent survey showed that the vast majority of companies have not made any tangible efforts towards moving debt facilities to risk-free rates.
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