On December 31, 2021, the use of Libor loans ceased. There are several rates that are being considered as alternatives, however the Secured Overnight Financing Rate, or SOFR, appears to be the de facto replacement rate in the institutional loan market. In this session, experts on rates will walk through the context of the transition, the various rate definitions, key risk characteristics with a focus on SOFR.The session will also go over the various pricing trends of the rates, how these relate back to Libor for context and key considerations in hedging.

The session will conclude with an outlook on rates, indicators influencing rates, and deal profile.

Learning Objectives:
– Understand the context of Libor transition
– Help treasurers and finance team members understand what the key considerations and impacts are
– Understand key indicators and their influence on rates going forward.