This article is part of a Risk.net series on the practical aspects of Libor transition. Find the rest of the coverage here.
In discussions around Libor transition, corporates are generally portrayed as slow moving and out-of-touch with developments.
But last year, London-based Associated British Ports showed what corporates are capable of when they tackled the issue head on. The company shifted more than £500 million ($633 million) of interest rate and cross-currency swap exposure from