{
  "author": {
    "name": "Paula Seligson",
    "webUrl": "/author/profile/paula-seligson/",
    "description": "",
    "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
    "estimate": 16,
    "social": [],
    "articles": [
      {
        "uri": "/2023/06/29/goodbye-libor/",
        "title": "Goodbye, LIBOR",
        "byline": "Alexandra Harris & Paula Seligson",
        "kicker": "News",
        "prettyDate": "June 29, 2023",
        "timeToRead": "5 minute",
        "image": {
          "uri": "https://images.treasuryandrisk.com/contrib/content/uploads/sites/411/2023/06/062923_Bloomberg.jpg",
          "width": "1200",
          "height": "762"
        },
        "authors": [
          {
            "webUrl": "/author/profile/alexandra-harris/",
            "name": "Alexandra Harris"
          },
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "The benchmark will have its last fixing at around 6:55 a.m. New York time on Friday, and some borrowers and lenders are still scrambling to amend contracts.",
        "body": null
      },
      {
        "uri": "/2022/12/20/lenders-are-tired-of-losing-in-the-libor-transition/",
        "title": "Lenders Are Tired of Losing in the LIBOR Transition",
        "byline": "Paula Seligson",
        "kicker": "Analysis",
        "prettyDate": "December 20, 2022",
        "timeToRead": "7 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/analysis/",
            "sectionName": "Analysis"
          }
        ],
        "summary": "Debt investors losing millions on the move to SOFR are starting to fight back, requiring credit spread adjustments to make up the difference between the benchmarks.",
        "body": null
      },
      {
        "uri": "/2022/11/07/what-happens-when-banks-are-feeling-lending-constraints/",
        "title": "What Happens When Banks Are Feeling Lending Constraints",
        "byline": "Paula Seligson",
        "kicker": "News",
        "prettyDate": "November 07, 2022",
        "timeToRead": "5 minute",
        "image": {
          "uri": "https://images.treasuryandrisk.com/contrib/content/uploads/sites/411/2022/11/110722_Bloomberg.jpg",
          "width": "1200",
          "height": "801"
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "Routine revolver refinancing becomes an ordeal as bank capital tightens.",
        "body": null
      },
      {
        "uri": "/2022/03/30/junkiest-loan-issuers-should-prepare-for-pain/",
        "title": "Junkiest Loan Issuers Should Prepare for Pain",
        "byline": "Paula Seligson & Mary Biekert",
        "kicker": "News",
        "prettyDate": "March 30, 2022",
        "timeToRead": "5 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          },
          {
            "webUrl": "/author/profile/mary-biekert/",
            "name": "Mary Biekert"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "As LIBOR rises—blowing past 1% yesterday, for the first time in nearly two years—more struggling junk-rated borrowers may end up with negative cash flow, unable to pay interest payments on their loans.",
        "body": null
      },
      {
        "uri": "/2021/10/05/first-leveraged-loan-tied-only-to-sofr/",
        "title": "First Leveraged Loan Tied Only to SOFR",
        "byline": "Paula Seligson, Lara Wieczezynski & William Shaw",
        "kicker": "News",
        "prettyDate": "October 05, 2021",
        "timeToRead": "3 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson-lara-wieczezynski/",
            "name": "Paula Seligson, Lara Wieczezynski"
          },
          {
            "webUrl": "/author/profile/william-shaw/",
            "name": "William Shaw"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "The Walker & Dunlop loan will use SOFR from the start, rather than launching with LIBOR and switching benchmarks after 2021.",
        "body": null
      },
      {
        "uri": "/2021/07/30/u-s-leveraged-loans-may-ditch-libor-within-weeks/",
        "title": "U.S. Leveraged Loans May Ditch LIBOR Within Weeks",
        "byline": "Paula Seligson",
        "kicker": "News",
        "prettyDate": "July 30, 2021",
        "timeToRead": "5 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "ARRC ratification of a term structure for SOFR gives market participants \"every tool they need to transition from LIBOR.\"",
        "body": null
      },
      {
        "uri": "/2021/06/10/junk-bonds-offer-in-demand-pathway-to-crypto/",
        "title": "Junk Bonds Offer In-Demand Pathway to Crypto",
        "byline": "Paula Seligson & Crystal Kim",
        "kicker": "",
        "prettyDate": "June 10, 2021",
        "timeToRead": "5 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          },
          {
            "webUrl": "/author/profile/crystal-kim/",
            "name": "Crystal Kim"
          }
        ],
        "kickerNode": [],
        "summary": "MicroStrategy sold $500 million of junk bonds to fund purchases of bitcoins. This approach provides a back door into cryptocurrencies for investors that can't buy bitcoins directly.",
        "body": null
      },
      {
        "uri": "/2021/06/04/will-the-fed-really-refrain-from-future-bond-market-involvement/",
        "title": "Will the Fed Really Refrain from Future Bond Market Involvement?",
        "byline": "Caleb Mutua, Paula Seligson & Craig Torres",
        "kicker": "News",
        "prettyDate": "June 04, 2021",
        "timeToRead": "5 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/caleb-mutua-paula-seligson/",
            "name": "Caleb Mutua, Paula Seligson"
          },
          {
            "webUrl": "/author/profile/craig-torres/",
            "name": "Craig Torres"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "As the Fed exits corporate credit, some investors expect a 'helicopter parent' to continue standing by.",
        "body": null
      },
      {
        "uri": "/2021/03/11/demand-robust-for-american-airlines-10-billion-debt-sale/",
        "title": "Demand Robust for American Airlines' $10 Billion Debt Sale",
        "byline": "Paula Seligson",
        "kicker": "News",
        "prettyDate": "March 11, 2021",
        "timeToRead": "3 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "The largest-ever debt sale by an airline includes a $3.5 billion loan and bonds maturing in five and eight years.",
        "body": null
      },
      {
        "uri": "/2020/11/09/u-s-junk-bond-yields-hit-record-low-2/",
        "title": "U.S. Junk Bond Yields Hit Record Low",
        "byline": "Paula Seligson",
        "kicker": "News",
        "prettyDate": "November 09, 2020",
        "timeToRead": "4 minute",
        "image": {
          "uri": "",
          "width": "",
          "height": ""
        },
        "authors": [
          {
            "webUrl": "/author/profile/paula-seligson/",
            "name": "Paula Seligson"
          }
        ],
        "kickerNode": [
          {
            "uri": "/news/",
            "sectionName": "News"
          }
        ],
        "summary": "Vaccine hope fuels rally.",
        "body": null
      }
    ]
  }
}