The End of Libor: 

A Guide for Commercial Borrowers

The End of Libor: A Guide for Commercial Borrowers



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Currencies & Interest Rates |  Opens Markets.

Eric Donovan 



Eric Donovan has a unique background that cuts across academia, finance and agriculture. He holds a Bachelor's in Economics from Rutgers University and an MBA from the University of Chicago.  Eric spent years as an options trader on the floor of the Chicago Mercantile Exchange before founding an electronic trading firm. Since 2015, he has held several positions at INTL FCStone Markets, LLC and is currently the Head of FX and Interest Rates, where he is responsible for all swap dealing activities in currencies and LIBOR instruments. He is an expert on risk management strategy, derivatives trading, and debt structuring.  Eric’s expertise is highly sought after for speaking engagements, advisory, and national television news segments & publications.

Managing Director - Head of FX & Interest Rates

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The "end" of LIBOR is coming, but what does this really mean? And more importantly, what does this mean for commercial borrowers and how will it affect the way they should approach debt? In this white paper, readers will discover possible paths forward and how commercial borrowers can prepare for the transition.

The history of LIBOR


LIBOR's replacement: SOFR


Where the transition stands right now


The possible paths forward