Speaking with Real Estate Finance & Investment on the disarray following the U.K.’s plan to phase out LIBOR by 2021, Rori Malech notes that lenders are keeping their options open on timing, “Lenders are not consistent right now on what events should trigger substitution of an alternate rate for LIBOR.” Rori explains that “Lenders want the discretion to decide when LIBOR appears to be shaky and they’ll substitute a new rate.”
“Lenders in disarray over LIBOR expiration,” Real Estate Finance & Investment, January 5, 2018.
