The London Inter-Bank Offered Rate (LIBOR) is expected to be phased out after the end of 2021. Due to price-fixing scandals attending its use by financing parties, among other things, regulators in the UK and many other jurisdictions are requiring banks, investment banks, and other lenders to discontinue quoting or using LIBOR in financial documentation.
As the deadline for the end of LIBOR nears, financing market professionals are encountering a number of regulatory and economic challenges as they search for an appropriate substitute for LIBOR in their financing documentation and investment models. Meanwhile, borrowers and issuers who will have to obtain funding following the end of LIBOR are concerned about funding costs.
Join us to learn about the current posture of regulators on post-LIBOR market-pricing practices and how hedge and other investment funds are coping as they ready themselves for the post-LIBOR world.
About the Speaker
Paul Denham is a London-based financing partner at Morgan Lewis. He advises clients on a wide range of leveraged finance, general banking, insolvency, and restructuring matters, and acts for senior and mezzanine lenders, credit funds, borrowers, and private equity sponsors on acquisition financings and secured-lending transactions. He has been following and speaking extensively on developments in the end of LIBOR.
Denham’s presentation will be followed by the Alternative Investment Committee’s year-end celebration. Beer, wine, and finger foods will be served.
Frank Packard, Chair
Christopher Wells, Jenifer Rogers, and Pieter Franken, Vice-Chairs
ACCJ Alternative Investment Committee
NOTE 1: This event is ON THE RECORD.
NOTE 2: If you cancel after the stated deadline, the full meeting fee will be charged to your account. All guests must be accompanied by an ACCJ member. Sorry, no substitutions or walk-ins.
If you need to cancel your registration due to illness, travel to affected areas within the past 14 days, or contact with someone who has traveled to affected areas, and the cancellation deadline has passed, please contact email@example.com and accommodations will be made through March. For more details, please click here.
Events by Month
ACCJ events are for ACCJ members and their guests only. To learn more about becoming an ACCJ member, see the Membership section of this site or contact the Membership Services Department at: firstname.lastname@example.org
or (03) 3433-7304
Event registrations and cancellations cannot be accepted by phone. Please access the ACCJ Member Data Center to register for events or to cancel your registration.
Note to Corporate
Sustaining Members and Company Members:
To redeem new member benefits such as free events or delegate attendance, please email the Membership Services Department at: email@example.com