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WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
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Libor 3-3.5% floor with a 5-600bp spread...
pretty surprised by the widespread institution of libor floors recently.
i guess with libor so low and credit markets so tight, lenders are trying to squeeze as much money out of borrowers as they can.
The world has changed. And we must change with it.
It makes a lot of sense if you think about it...it's in the interest of both borrowers and lenders. LIBOR floors keep spreads low for when the good times return...hopefully.
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