Refinancing activity has proven an attractive option amid COVID-19 disruption, with borrowers in good standing seeking to extend maturities and take advantage of low interest rates -
Refinancing issuance across high yield...more
The coronavirus pandemic has had an unprecedented impact on many businesses, including those with outstanding high yield bonds. The incurrence covenant regime (and absence of any maintenance covenants) means that, provided...more
The White & Case Capital Markets team updates its March 2018 publication on bond repurchases given the current environment where issuers may consider whether, if their bonds are trading at a discount to par, they should...more
3/30/2020
/ Bond Issuers ,
Bonds ,
Buyback Programs ,
Capital Markets ,
Coronavirus/COVID-19 ,
Creeping Tenders ,
Disclosure Requirements ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Offerors ,
Repurchases ,
Rule 144A ,
Securities and Exchange Commission (SEC) ,
Threshold Requirements ,
Wellman Factors