A loan or trade facility may have p

A loan or trade facility may have provisions to address the temporary unavailability of LIBOR and EURIBOR as interest rate benchmarks. However, these provisions may not be appropriate or work if there is a change to existing EURIBOR fallback rates or provisions or if there is a permanent discontinuation of LIBOR or EURIBOR. If there is a permanent discontinuation of LIBOR or EURIBOR or it is no longer appropriate to use LIBOR or EURIBOR (or applicable fallback rates or provisions), this may create uncertainty in the value and calculation of interest payments due under the relevant product.