A peaceful election and slowing inflation have put M&A markets in South Africa in a more advantageous position. However, taking advantage of South African deal opportunities requires a clear understanding of a rapidly...more
8/22/2024
/ Acquisitions ,
EU ,
FATF ,
Global Dealmaking ,
Interest Rates ,
Libor ,
Mergers ,
Regulatory Agenda ,
Sanctions ,
Secured Overnight Funding Rate (SOFR) ,
South Africa ,
Sterling Overnight Index Average (SONIA) ,
Strategic Planning ,
Takeovers ,
UK
On May 9, 2024 the LMA published the "Exposure Draft SA Rate Switch Agreement" which includes rate switch mechanics from JIBAR to a backward-looking compounded ZARONIA.
The provisions have been published in the LMA's...more