The LIBOR Transition Hatches a ‘Chicken or Egg’ Conundrum

Potomac Point Group, June 14, 2021—Martha-Rosalind “MR” Stainton
After a year of extreme uncertainty, the particulars of the LIBOR transition seem to be solidifying, at least on the surface. The last 6 months have brought a flurry of ARRC recommendations, the implementation of the ISDA protocol, and the announcement of definitive cessation dates. Yet recent LIBOR Transition Round Tables conducted by Potomac Point Group and Spinnaker Consulting Group revealed that there is still a strong undercurrent of uncertainty.