Asian banks get ahead of Libor transition with switch doc, RFR templates

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Asian banks get ahead of Libor transition with switch doc, RFR templates

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A possible delay to the final retirement of Libor as the benchmark lending rate on dollar loans is set to offer banks and borrowers a bit more breathing room to make the transition. But in Asia, loan market participants have largely shrugged at news, deciding to press ahead with their plans for a post-Libor world.

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