Iberdrola and Clarion ditch Libor from deals on day one of signing
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Iberdrola and Clarion ditch Libor from deals on day one of signing

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Iberdrola, the Spanish utility, and Clarion Housing, the UK housing association, became the latest companies to sign loans using risk-free rates instead of Libor, as more deals are signing that ditch the scandal-ridden benchmark from day one.

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