Credit analyst Irina Penkina joins us to discuss the possible impact LIBOR replacement could have on our U.K. RMBS ratings. We deep dive into different types of scenario analysis we developed to look at the patterns in the upcoming LIBOR transition and the resulting amended terms that could trigger a negative rating action on U.K. RMBS transactions, and more. 

Related Article: Scenario Analysis: Potential Effects Of LIBOR Replacement On U.K. RMBS Ratings, Sept.1, 2021