Transition trauma

Category: ABS CLOs


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A bumpy road ahead for shift to post-Libor world

The structured finance market still has a great deal to do before the beginning of next year when contracts can no longer be quoted in Libor, agrees Amy Williams, partner and structured finance expert at Hunton Andrews Kurth.

Very few securitizations or the assets which comprise the reference portfolios have moved over to quote contracts in term SOFR. 

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