Jefferies Insights - July 2020

As part of the firm’s daily communication with clients, Jefferies regularly publishes perspectives, ideas and insights on the markets and our areas of focus through research reports, trend analysis, white papers and industry commentary, as well as strategy and economic thought pieces.

Economics and Strategy

• While the Global Recovery Might be Slowing, Central Bank Policy May Keep Markets Buoyed

Actionable Ideas for Companies and Sponsors

• Mergers of Equals Will Increase in the Current Economic Environment •
• Companies Should Consider Using Dual Track M&A and IPO Processes Given the Strength of the Equity Markets
• Issuing High Yield Bonds with Special IPO Redemption Features
• Regulatory Call Provisions Increase Optionality for High Yield Issuers
• Small/Mid-Cap Companies And Those In Value-Oriented Sectors Should Access The Equity Markets
• Increasing IPO Activity from Chinese Companies in Both the U.S. and Hong Kong
• Foreign Corporations Are Increasingly Utilizing U.S. Chapter 11 Filings to Restructure

Best Research Ideas

• Healthcare – COVID-Testing Deep Dive: 500 Million Tests in U.S. Alone Could Prove Conservative
• ESG's Increasing Global Impact Across Asset Management