Milbank LLP Leveraged Finance partner Davide Mencacci was a featured speaker at the LIBOR Transition Seminar hosted by the Hong Kong branch of the Asia Pacific Loan Market Association (APLMA) Young Leaders Committee on May 31. Mr. Mencacci attended the event at the invitation of Vincent Lau, an associate in Milbank’s Hong Kong Global Leveraged Finance group and a member of the APLMA Young Leaders Committee.
Alongside other distinguished panelists, Mr. Mencacci provided insights on the latest market positions with respect to different risk-free rate methodologies, credit adjustment spreads, use of Term SOFR and other issues impacting LIBOR transition to over 200 syndicated loan market professionals. The hybrid seminar was attended by business and legal professionals both in person and virtually online, and was well received by all participants.
The APLMA is a professional not-for-profit trade association which represents the interests of institutions active in the syndicated loan markets in the Asia-Pacific region and the APLMA Young Leaders Committee aims to organize educational training seminars for young syndicated loan market executives and provide them with a professional networking forum.