LIBOR Transition

USD LIBOR transition to SOFR: Frequently asked questions for end users. How to start preparing for the USD LIBOR transition and what to expect in the next 18 months.

The ARRC seeks legal certainty from New York state to clarify what will happen when LIBOR benchmark rates are no longer available and announces its fallback spread methodology.

Chatham's response to the ARRC consultation on spread adjustment within loan documentation. It is essential for end users that the fallbacks for cash instruments align with fallbacks for derivatives.

ISDA issued a consultation on whether a pre-cessation trigger should be added to their standard documentation.

Chatham’s experts on financial risk, hedge accounting, and regulatory matters answer questions our clients have asked to prepare for risk-free rates in Europe.

Chatham believes that pre-cessation fallback provisions should be included in the Supplement to the 2006 ISDA Definitions and the related Protocol.

Matt Hoffman discusses how clearinghouse actions will be key in the move to SOFR.

What to expect in ISDA's upcoming revision to its fallback protocol and definitions detailing the circumstances in which trades will transition away from IBORs

End users must recognize and understand the complexity of the challenges during the LIBOR transition so they can act to mitigate their impact.

Globally expanding businesses need to look beyond the replacement created by the Federal Reserve panelists say during AFP 2019, including Rob Mangrelli of Chatham Financial.

Chatham's methodology for entities to assess their LIBOR transition activities and risks to meet the SEC's new expectations for disclosure.

Chatham's respondes to both ISDA consultations in July 2019, focusing on the potential impacts of ISDA’s proposals on derivatives end users.

Chatham CPA Rob Anderson explains how FASB's recently proposed Topic 848 allows hedge accounting to continue if a contract is modified as a result of reference rate reform.

Chatham's response to ISDA's Supplemental Consultation on Spread and Term Adjustments for Fallbacks in Derivatives Referencing USD LIBOR, CDOR and HIBOR

Chatham's response to ISDA's Consultation on Pre-Cessation Issues for LIBOR and Certain Other Interbank Offered Rates (IBORs)

Comparing solutions for constructing a term-SOFR curve: Matt Hoffman comments on the methodology Chatham has used to create daily, monthly, and quarterly term-SOFR curves.

The background, methodology, and applicability for Chatham Financial’s SOFR forward curve, taking into account key dates such as FOMC meetings.