“Campaign to Kill Off Libor Is Boosted by Landmark Bond Sale”

Rajul Sood, our head of Commercial Lending Solutions, was featured in Bloomberg in a story on the first non-financial issuer to sell debt linked to the main Libor alternative, SOFR.

Extract from the article: “I still feel banks will keep using Libor for long-dated contracts… There’s still a lot of apprehension in accepting SOFR.”