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.

SKADI IMPACT PIECE – LIBOR USD Delay

SKADI IMPACT PIECE – LIBOR USD Delay

Here is Part II of our SKADI impact piece in the LIBOR Series. In this one pager, we focus on the delayed suspension of the USD rates. We look at the reasoning and implications of the delay, with reference to basis risk and potential knock on effects for pegged currencies.