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Finance Markets Update Summer 2021

After record-breaking activity in the first half of 2021, our partners reflect on key trends and takeaways as we move forward in Q3.

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LIBOR Update: Term SOFR Now Available

Time to Read: 1 minutes Practices: Finance, LIBOR Transition

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The global transition away from LIBOR recently took a major step forward when the Alternative Reference Rate Committee (the “ARRC”) endorsed a forward-looking term version of the Secured Overnight Funding Rate (“SOFR”) for use in place of LIBOR.

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