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Libor’s Last Users Face Challenges as the Deadline for Its Demise Nears
Wall Street Journal, June 1, 2023-Mark Maurer (subscription)
Companies that haven’t switched away from the scandal-plagued London interbank offered rate ahead of the June 30 deadline for the benchmark’s demise aren’t likely to disrupt credit markets, but they could face a host of operational risks and potentially higher borrowing costs.
https://www.wsj.com/articles/libor-last-users-face-challenges-as-the-deadline-for-its-demise-nears-8f69e179