- LIBOR has been very popular as a reference benchmark for the cost of money. The impact of LIBOR replacement will be difficult to escape. Banks will have to keep a close eye on their conduct towards clients in these negotiations, and borrowers should equally ensure they are obtaining trusted and independent advice to ensure effective negotiations. Market conventions around the transition to ARRs could prove a helpful guide in certain situations.
- https://www.businesslive.co.za/bd/opinion/2021-05-13-with-libor-coming-to-an-end-the-reference-cost-of-money-will-change/
