The Fund Finance Association Next Gen’s New York team will host a virtual panel, Into the Unknown: A Fund Finance Perspective on “Letting LIBOR Go,” that will discuss LIBOR transition, a topic that has become a major focus of our industry and the finance world generally. The panel will take place on Thursday, February 25 from 10-11 a.m. EST.
The event’s distinguished panelists will include Jean Lam MacInnes, Executive Director and Counsel at Mizuho Americas; Jeff Nagle, Partner at Cadwalader; and Tess Virmani, Associate General Counsel and Executive Vice President for Public Policy at LSTA. Cassandra Best, Associate at Cadwalader, will moderate.
The conversation will address:
LIBOR’s current status as the go-to benchmark rate for $350 trillion in financial products and derivatives;
LIBOR’s history and the LIBOR manipulation scandals that took place during the last decade;
Public and private measures being taken throughout the world to facilitate the transition to new benchmarks; and
Lenders’ current approach towards phasing LIBOR out of loan documentation, with a particular focus on the fund finance market.