Menu Close

Briefing Note – Managing the Transition from LIBOR to SONIA

The use of LIBOR as a reference rate in loan agreements in the UK will cease from 31 December 2021. Most UK lenders are transitioning to use SONIA (the “Sterling Overnight Index Average”) as its replacement.

 

We’ve included a brief guide here about the issues you need to consider if you have any existing LIBOR-based borrowing or interest rate hedging. Navigating the transition can typically prove relatively straightforward in practice.

 

Please contact us should you wish to have brief informal discussion around your circumstances and options.

More News…

Case Study – Application for Low Carbon Transition Programme

Buro Happold (technical advisors) engaged QMPF to assist in the delivery of an Investment Grade Business Case (“IGBC”).

Funding available for low carbon energy projects

With a continued push to tackle the effect of climate change and to achieve the government’s goal of net zero, there is funding available for low carbon energy projects in Scotland and England to encourage green investment.

QMPF Appointed as Crown Commercial Services Framework Supplier

QMPF is delighted to have been appointed on the Crown Commercial Services (“CCS”) RM6169 Corporate Finance Services 2 Framework.