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Clifford Chance

Clifford Chance

Briefings

FCA announcement on the end of LIBOR and implications for loan documentation

8 March 2021

In light of the FCA's announcement (the "Announcement") on the future cessation and loss of representativeness of the LIBOR benchmarks, you may be wondering what this means for loan transactions.

In this briefing we examine the formal confirmation of the end of LIBOR and the documentary implications for English law loan transactions.

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