After a few years of regulatory and economic uncertainty, multiple forces have combined to create an ideal environment for CFOs and corporate treasurers to put their capital to work. From an economic perspective, the strong economy should lead to a robust demand in the loan and bond markets. At the same time, the 2017 tax reform law created visibility for CFOs that should provide them with the ability to act with conviction on merger-and-acquisition (M&A) deals, stock buybacks, and capital investments.

Many CFOs and treasurers are looking to capitalize on the combination of the booming economy, tax reform, and historically low interest rates, either by refinancing debt or restructuring their balance sheets. However, they are aware that this opportunity won't last forever. With headwinds on the horizon in the form of rising rates and inflationary pressures, finance decision-makers should act now.