Practical Law The Journal - Canadian Interest Rate Transition from CDOR to CORRA

The article, “Canadian Interest Rate Transition from CDOR to CORRA” authored by Michael Bertrand, has been republished in Practical Law The Journal, December 2024 Year in Review Issue.

The article provides an expert Q&A on issues for counsel to consider in light of the interest rate benchmark transition from the Canadian Dollar Offered Rate (CDOR) to the Canadian Overnight Repo Rate Average (CORRA), including gating issues for lenders, drafting and negotiation considerations for replacement rate options, and what documentation is being used to give effect to this transition.

To read the full article, click here.