JD Supra

The Last Days of LIBOR

Our Financial Services & Products Group discusses the status of the financial industry’s transition away from LIBOR, including the final rule identifying replacement benchmarks that was recently ...
Investopedia

Term of the Week: LIBOR

The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past 37 years—will officially be retired today. The London Interbank Offered Rate, or ...
JD Supra

The End of LIBOR: Hotel California Edition (Part I)

US Dollar London InterBank Offered Rate (LIBOR) had been considered the world’s most important number, as it was utilized in hundreds of trillions of dollars of financial instruments worldwide.
Seeking Alpha

First Horizon Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities After June 30, 2023

MEMPHIS, Tenn., April 25, 2023 /PRNewswire/ -- First Horizon Corporation (FHN) (NYSE: FHN or "First Horizon") today announced that, after June 30, 2023, US dollar LIBOR will be replaced with CME Term ...