News & Analysis as of

Financial Markets Debt Financing

White & Case LLP

Convertible bond boom opens window of opportunity for issuers

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Convertible bond issuance surged through the first half of 2025, presenting issuers with a golden opportunity to raise capital on highly attractive terms - There has rarely been a better time for companies to raise capital...more

White & Case LLP

Current Forces of Debt Finance in Europe

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Current Forces of Debt Finance in Europe - The European Debt Finance market faced a complex landscape in Q1 2025, influenced by global trade tensions, evolving fiscal policies, and shifting interest rates. Impact of U.S....more

White & Case LLP

High yield market bounces back, but maturity wall looms

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While issuance of high yield bonds strengthened across all key global jurisdictions in 2024, the US and Europe still face mounting maturity walls - High yield bond issuance in key markets around the world recorded major...more

Latham & Watkins LLP

Latham Texas Private Funds Breakfast Series Fund Portfolio Company Finance

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This fall, Latham’s Investment Funds Practice provided guidance on financing options and considerations for funds and portfolio companies in the second installment of the Private Funds Breakfast Series. The quarterly series...more

Dorsey & Whitney LLP

Federal Reserve Announces $750 Billion in Credit Facilities for Corporate Debt Market

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On April 9, the Federal Reserve Board announced updated terms for two facilities to support corporate debt markets. The Primary Market Corporate Credit Facility (“PMCCF”) will serve as a funding backstop for corporate debt...more

Jones Day

Stretching Leverage: Holdco PIK Financing Instruments

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Key Points - Holdco PIK financing instruments may present an attractive and/or alternative source of capital for private equity sponsors to finance acquisitions or to facilitate dividend recapitalisations. Creditors...more

Latham & Watkins LLP

Debt Portability Can Deliver a Better Exit Valuation — Will US Practice Increase Debt Portability in Europe?

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Debt portability provisions — reasonably common in high yield lending but historically rare in bank financing — have been recently seen in an increased number of US transactions, as deal terms react to a buoyant financing...more

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