Michael Whalen - Later LIBOR (Part 2)

In our last episode, we covered LIBOR’s history and reasons why it’s being phased out. Now, we dive into what’s next and LIBOR’s replacement: SOFR. 

Michael Whalen, a managing director in BRG’s Washington, DC, office, explains different approaches to replacing LIBOR and what the next generation of benchmarks will be expected to handle.