This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

Social Media Links

| less than a minute read

Consider the Longer Term Tenors when Making SOFR Elections

Important to consider as companies make their SOFR tenor elections as part of debt repricing. The longer-term tenors have been favorable this year as long as corresponding adjustments are not too unfavorable for the longer tenors (Depending on Debt Agreement). Significant cash flow savings can be realized on interest payments with the longer-term elections.  

© Copyright 2024. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

Earlier this year, many investors were convinced the U.S. Federal Reserve was on track to reduce interest rates four times by the end of 2024. Back then, it struck me as wishful thinking. Today, given higher-than-expected inflation, I think it’s even more unlikely. I believe there’s a strong chance we will get no rate cuts at all this year — and that markets should be fine without them.


perspective, f-risk, finance, office of the cfo

Let’s Connect

We solve problems by operating as one firm to deliver for our clients. Where others advise, we solve. Where others consult, we partner.

I’m interested in

I need help with