Discontinuation of LIBOR: Possible Impacts on Nigerian Corporate and Sovereign Financing

7 Pages Posted: 31 Jul 2019

Date Written: July 29, 2019

Abstract

This paper examines LIBOR and its expected discontinuation in 2021 and the possible impact and material risks it could pose for Nigerian market participants (corporates and sovereigns) and their legal, tax, financial and accounting advisors that work on these transactions that references the LIBOR.

Keywords: Nigerian Sovereigns and Corporates, Financing, Interest Rate Benchmarks, LIBOR

Suggested Citation

Nwoye, Ikemefuna Stephen, Discontinuation of LIBOR: Possible Impacts on Nigerian Corporate and Sovereign Financing (July 29, 2019). Available at SSRN: https://ssrn.com/abstract=3427979 or http://dx.doi.org/10.2139/ssrn.3427979

Ikemefuna Stephen Nwoye (Contact Author)

NWOYE(Barristers & Solicitors) ( email )

Venia Place - 8 Providence Street
Lekki Phase 1, Lagos State 234
Nigeria
09033053175 (Phone)

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