Tried so hard, and got SOFR...

02/02/2023 11 min Episodio 66
Tried so hard, and got SOFR...

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Episode Synopsis


...but in the end, does it even really matter? Leveraged loan investors are railing against suboptimal credit-spread adjustments as borrowers transition their coupons away from Libor to SOFR. Some of them are even considering legal action. Do they have a case? Will Caiger-Smith and David Bell dive into the niche administrative issue that suddenly became a new battleground in leveraged credit.

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