Corporate finance teams are rifling through loans, investments and derivatives to assess the potential fallout from moving to a new benchmark for short-term borrowing costs. CFOs at companies including spice maker McCormick & Co. and food giant Mondelez International Inc. are starting to share those concerns with investors in quarterly earnings reports. The disclosures come as global financial regulators prepare to wind down the London interbank offered rate, or Libor, now used in setting interest rates on hundreds of...

Source: Wall Street Journal March 02, 2019 12:00 UTC