Which SOFR for LBO?
Which SOFR rate do you normally use for LBO? Seems like there a pretty big spread between 30-day and 90-day. Just wondering what is generally seen as best practice.
Which SOFR rate do you normally use for LBO? Seems like there a pretty big spread between 30-day and 90-day. Just wondering what is generally seen as best practice.
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Have always been told to use the 3M in banking
3Mo SOFR
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