January 2024 Quarterly Insights
Issuers should take advantage of strong technicals and robust investor demand to pursue a variety of opportunistic transactions including refinancings, repricings, and dividend deals.
Philip Noblet, Head of UK and Ireland Investment Banking at Jefferies, discusses October inflation data and its potential impact on dealmaking.
At Tech Trek 2023, Ben Langworthy dives deep into current dealmaking trends, economic resilience, and effective investment strategies in turbulent markets.
Three major issues that should be on the mind of decision makers’ as they prepare for next year are: Regulatory scrutiny, counterparty risks and new launch landscapes.
It is common for highly levered sponsor-backed companies with liquidity needs and/or upcoming maturities to engage in liability management exercises, which often includes creating a new priming tranche of secured debt (an “Uptier”) or transferring assets out of the secured collateral package (a “Drop Down”).
October 2023 Quarterly Insights
The convertible debt new issue market in 2023 has been frequented by companies seeking a lower cash interest alternative to what is being offered in the high yield and investment grade debt markets.
Amid an uptick in new-issue activity, Jefferies has been the most active investment bank in underwriting new LBOs. We are an arranger on 6 of the 7 LBOs expected to come in September / October, and are Left Lead on 3 of these transactions.
Specialty finance companies experienced positive momentum during the second quarter and summer of 2023. Sustained demand for credit from both consumers and alternative funding, along with some encouraging macroeconomic trends, drove continued growth.
Cully Davis discusses the evolving dealmaking landscape, companies’ measured re-entry into the market, and the transformative potential of new innovations in artificial intelligence.