Concerns for loan market to answer on ‘cost of funds’ fallbacks as LIBOR replacement

\Concerns for loan market to answer on ‘cost of funds’ fallbacks as LIBOR replacement LIBOR, a trusted benchmark for establishing loan rates of interest, is anticipated to be discontinued by 2022. Loan providers can be considering depending on any ‘cost of funds’ fallback incorporated into their papers to determine interest using this time. These fallbacks […]