SKADI IMPACT PIECE – LIBOR CLOS
SKADI IMPACT PIECE – LIBOR CLOS
The third instalment in our LIBOR Series of SKADI Impact Pieces. The focus today is on the impact the LIBOR cessation will have on the Collateralised Loan Obligations (CLOs). We look at why CLOs will be particularly affected and the current fallback protocols in place, as well as litigation risks and the transition to alternative reference rates.