Posts by Christian Cator

But what of the smaller firms? The ripples of the USD LIBOR transition are felt not only by the biggest players, but downstream to the very smaller corporates and PEs. It is these organisations that face the most daunting challenges mainly because they are just not as well resourced

The transition away from Interbank Offered Rates (IBORs) and their replacement with 'nearly' risk-free rates (RFRs) is a shift so significant that it is difficult to think of a modern analogue in capital markets.