Welcome to the November 2017 edition of the ACIC Private Notes!

This edition covers highlights from the recent Broadway-themed 2017 Annual Meeting and Education Conference, co-chaired by Daniel J. Favero of Mayer Brown LLP and Deborah K. Hayes of Lincoln Financial Group. Also read on to learn more about how various financial institutions are deciding that they personally will determine whether to use a substitute or a successor rate to LIBOR that they have determined is comparable.

Mark your calendars for the always highly-anticipated 2018 ACIC Spring Investment Forum which will be held on April 19th and 20th, 2018 at the Four Seasons in Chicago. We hope to see you all there!

This year's 2017 Annual Meeting and Education Conference was a huge success, with record attendance and an innovative Broadway-based theme.  Special thanks to the co-chairs Daniel J. Favero of Mayer Brown LLP and Deborah K. Hayes of Lincoln Financial Group, the Education and Development Committees, and the many speakers and moderators for their hard work in putting on a fantastic event!   Click here   to re-live this exciting event (or see what you missed!) courtesy of Richard Rejino.  Spoiler alert: pictures included!

A series of bond and loan deals in recent weeks have come with "life after LIBOR" language, allowing banks to appoint themselves or affiliates as the calculation agent to decide on a substitute when the benchmark is phased out.

Click here to read two articles originally published in International Finance Review and graciously shared with us permission of the authors Shankar Ramakrishnan, Eleanor Duncan, Natalie Harrison and Kristen Haunss of Thomson Reuters.