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Legal News

Ireland-Stanchart wins UK test case over alternative to Libor rate

Published on: 16 October 2024
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Law360, London: Standard Chartered Plc on 15 October 2024 was granted permission by a London court to use an alternative to the defunct London interbank offered rate to help set the interest it pays on US$750m in shares, without having to repay the investment now.

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