More calls for lenders to take Libor transition stance
Corporate debt advisers have joined the call for lenders to make clear their plans for the transition away from Libor, as frustration takes hold among some bank clients that a solution still seems far away.
The syndicated loan market has yet to come up with a model to replace Libor’s role in pricing transactions.“This is a problem for the banks,” said the chief financial officer at a UK company. “There has been some input from loan users as far as I’m aware ...
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