Libor Fallback To Prime May Increase Corporate Loan Costs

By Nathan Moore and Dana Bradley (November 6, 2023, 12:28 PM EST) -- Libor officially ceased to be published on June 30. The change comes after almost 40 years of Libor serving as the principal benchmark rate for trillions of dollars of various financial contracts, including loans, bonds, derivatives and mortgages, among others. For some unwary borrowers, the end of Libor could result in increases to their all-in borrowing costs during a time of already challenging interest rate increases....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!