PIPEs (private investments in public equity) provide investors and public companies with a flexible vehicle for bespoke capital solutions that can be executed quickly in the volatile markets that have arisen in the COVID-19...more
8/18/2020
/ Common Stock ,
Corporate Governance ,
Corporate Issuers ,
Investors ,
Nasdaq ,
NYSE ,
Preferred Stock Financing ,
Private Equity ,
Private Investment in Public Equity (PIPEs) ,
Publicly-Traded Companies ,
Securities Transactions ,
Term Sheets
For many sponsor-backed and other highly leveraged private companies, the business impact of COVID-19 is just beginning to apply pressure to financial covenant compliance. As borrowers and private credit (or other) lenders...more
7/15/2020
/ Balance Sheets ,
Borrowers ,
Capital Markets ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Debt Restructuring ,
Investors ,
Lenders ,
Preferred Stock Financing ,
Private Equity ,
Third Party Funding
Increasingly, buyout sponsors are turning to third party preferred equity as a financing tool for their transactions. Structured to be treated as equity for debt rating agencies, bank regulatory regimes and in-place debt...more