Holland & Knight - The International Swaps and Derivatives Association Inc. (ISDA) is soliciting market feedback on methodology for determining fallback to the Secured Overnight Financing Rate (SOFR) upon U.S. Dollar Libor (USD Libor) discontinuation. USD Libor is anticipated to be discontinued at the end of 2021. Derivatives contracts will require all parties to agree on amendments to address USD Libor discontinuation. Fallback calculations and timing for derivatives may differ from those proposed in the cash market, resulting in potential basis risk for hedged loans.