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The End Is Near: How the Imminent Cessation of LIBOR Is Affecting Health Care Borrowers with Tax-Exempt Bonds

[04/04/23]

Posted on April 4, 2023 in Health Law News

Published by: Hall Render

Borrowers of tax-exempt debt across the country with outstanding bond issuances tied to the London Interbank Offered Rate (“LIBOR”) are working to amend their financial instruments to account for the cessation of the rate’s publication after June 30, 2023. To address and limit the anticipated impacts associated with the cessation of LIBOR, the Treasury... READ MORE

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