In The News

Companies Give Investors a Peek at Life After Libor

Wall Street Journal

02 Mar 2019

Morrison & Foerster partner Geoffrey R. Peck discusses how corporate finance teams are rifling through loans, investments and derivatives to assess the potential fallout from moving to a new benchmark for short-term borrowing costs in the Wall Street Journal article entitled, “Companies Give Investors a Peek at Life After Libor.”  The Libor interest-rate benchmark is set to expire at the end of 2021, and companies are beginning disclosing risks linked to transition.

Peck said, “Now is the time that companies need to understand the extent of the issue with their debt, because if they wait too long they’re going to be really jammed.”

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