After a few years of regulatory and economic uncertainty,multiple forces have combined to create an ideal environment forCFOs and corporate treasurers to put their capital to work. From aneconomic perspective, the strong economy should lead to a robustdemand in the loan and bond markets. At the same time, the 2017 taxreform law created visibility for CFOs that should provide themwith 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 thecombination of the booming economy, tax reform, and historically low interestrates, either by refinancing debt or restructuring their balancesheets. However, they are aware that this opportunity won't lastforever. With headwinds on the horizon in the form of rising rates and inflationary pressures,finance decision-makers should act now.