What Is Happening With LIBOR Floors?

Stay up to date on London Interbank Offered Rate (LIBOR) floor provisions. Review this practice note to find out what the current market trends are for LIBOR floors in publicly filed credit agreements and commitment letters from the second half of 2020 and first half of 2021.

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Related Content

• Interest Rate Provisions in Credit Agreements
  Review this practice note regarding the two pricing options currently available for syndicated credit agreements: one based on the base rate and the other based on the LIBOR/Eurodollar rate.

• LIBOR Replacement Resource Kit
  Refer to this resource kit for a one-stop-shop review of replacing LIBOR as the benchmark interest rate in loan documents.  

• LIBOR Transition to SOFR in Credit Agreements
  Read this practice note for a general overview of the LIBOR transition.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Summer Associate Resource Kit: Finance
• Finance Fundamentals Resource Kit
• The Practical Guidance Journal Summer 2021 Edition, featuring details on the latest LIBOR cessation dates
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

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