Ari Blaut, the co-head of S&C’s U.S. Credit & Leveraged Finance practice, authored an article in Lexis Practice Advisor titled “Market Trends 2019/20: Investment Grade Debt Offerings.” The article examined the notable investment grade debt transactions of 2019 and examines the year’s trends, deal terms, and industry insights in the investment grade debt market. Ari also offers insight into what to expect for 2020, including how COVID-19 may impact issuances. “The effect of COVID-19 on both issuers and underwriters in the investment grade bond market will need to be watched carefully,” Ari writes, in particular with respect to reporting covenants. For European issuances, the terms of cessation of business covenants will also need to be considered. To read the full article, click
here.