The potential demise of the LIBOR has sparked a discussion about possible alternative benchmarks. This article considers some of those alternatives and some of the challenges that would need to be overcome in order for them to be workable, in particular in the context of corporate-facing sterling-denominated syndicated loans. It also considers a number of preliminary action points for corporate treasurers to undertake whilst monitoring the market’s next steps.
This article was first published in the November/December 2017 edition of The Treasurer, the official membership magazine for the Association of Corporate Treasurers.
