Tag Archives: LIBOR Rate

Are you prepared for LIBOR transitioning?

July 19, 2021

By Mike Campana, CPA Partner At the end of 2021, most term loans, lines of credit or other debt instruments with variable interest provisions tied to the London Interbank Offered Rate (LIBOR) will need to switch to an alternative benchmark. LIBOR is a benchmark interest rate global banks use to lend to one another in […]