LIBOR Transition Prep Heats Up as Financial Institutions Bite the Repapering Bullet

Authors: Jeff Catanzaro

By now, financial institutions are
well aware that LIBOR (London
Interbank Offered Rate) will phase
out as of December 31, 2021. Within
the Contracts and Compliance group at Integreon, we are seeing LIBOR preparation engines heating up fast for our financial clients and their law firms. Organizations are emergingfrom pandemic-induced lulls to face the immense contract repapering projects that LIBOR transition will require.