LIBOR and Other Benchmarks: A 101 Webinar
Financial history was made on January 1, 2022, when LIBOR, a benchmark that has been a fixture in global markets for 45 years, was no longer allowed to be used in loan contracts for regulated entities. Since then, momentum has been building in the Secured Overnight Financing Rate (SOFR), the recommended alternative to LIBOR. Our expert faculty will dive into how SOFR is being used in CRE securitizations and discuss some of the kinks that the market is still grappling with. The panel will round out the session by providing practical information and considerations for new floating-rate loan contracts.
LIBOR and Other Benchmarks: A 101 Webinar
Financial history was made on January 1, 2022, when LIBOR, a benchmark that has been a fixture in global markets for 45 years, was no longer allowed to be used in loan contracts for regulated entities. Since then, momentum has been building in the Secured Overnight Financing Rate (SOFR), the recommended alternative to LIBOR. Our expert faculty will dive into how SOFR is being used in CRE securitizations and discuss some of the kinks that the market is still grappling with. The panel will round out the session by providing practical information and considerations for new floating-rate loan contracts.
Panelists:
Jonathan D. Gaynor, Senior Associate, Dechert LLP
Jerry Wong, Head of Capital Markets, Trading and Structuring, Limekiln RE
Date:
Wednesday, May 18th
2:00pm - 3:00pm ET
Registration Rates:
$45 – Academic Members** and 30 Years of Age or Younger Members*
$90 – All other Members
$180 – Non-Members
*Academic Rate: To register at the Academic Member rate, you must be approved prior to registering for the event. Please apply here for Academic Membership and note that you MUST be a full time student or professor. You will receive a confirmation e-mail within two business days once approved and will be able to register at the discounted rate at that time.
**30 Years of Age or Younger Rate:
To register at the 30 and Under Program Rate, you must be approved prior to registering for the event. In order to receive this discounted rate you must be 30 years of age or younger and employed at a CREFC Member company. Please apply here (you will be required to show proof of age). You will receive a confirmation e-mail within two business days once approved and will be able to register at the discounted rate at that time.