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International Swaps and Derivatives Association Announces Preliminary Results of Consultation on Pre-Cessation Fallbacks for Libor
April 16, 2020
NEW YORK, April 16 -- The International Swaps and Derivatives Association issued the following news release:

ISDA has announced preliminary results of its consultation on the implementation of pre-cessation fallbacks for derivatives referenced to LIBOR.

The initial results indicate a significant majority of respondents are in favor of including both pre-cessation and permanent cessation fallbacks as standard language in the amended 2006 ISDA Definitions for LIBOR and in . . .

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