Ben is a financial analyst for ABC Corp, which has a large amount of floating-rate debt that is set to mature in five years. Anticipating a potential increase in interest rates, Ben is considering entering into an interest rate swap to convert the company's floating-rate obligations into fixed-rate payments.

He has the option to enter a plain vanilla interest rate swap where ABC Corp pays a fixed rate of 3.5% to a swap counterparty while receiving a floating rate tied to LIBOR. If LIBOR is expected to rise above the 3.5% fixed rate in the near future, what type of swap strategy is Ben employing?