Companies Keep Libor on the Books Despite Push to New Benchmark
Wall Street Journal, June 7, 2022–Mark Maurer (subscription)
Companies are hanging onto the London interbank offered rate for existing loans and derivatives despite a push from regulators to abandon the troubled interest-rate benchmark, whose demise is about a year away.
https://www.wsj.com/articles/companies-keep-libor-on-the-books-despite-push-to-new-benchmark-11654594202?