In an article published in Lexis Practical Guidance, Ari Blaut and Mario Schollmeyer explore market trends in investment grade debt offerings in 2021 and 2022 as well as the market outlook for 2023. The authors examine notable transactions, popular deal terms and other factors shaping the market, such as the updated SIFMA make-whole provisions, the passage of the Adjustable Interest Rate Act and the emphasis on sustainable bond offerings by regulators, issuers and investors. Ari and Mario also caution that the investment grade bond market should be watched carefully in 2023, with issuers drawing on elevated balance sheets and investors weighing record high yields in light of a weakening macroeconomic environment.
Read “Market Trends 2021/22: Investment Grade Debt Offerings.” Ari and Mario first explored this topic for Lexis in May 2021.