Corporate Borrowing & Debt

News  

Higher Interest Deductions Allowed for Remainder of 2020

Lydia O'Neal & Laura Davison |

IRS temporarily loosens tax-break rules on corporate debt payments.

News  

Fed Reveals Corporate Bond Purchases

Matthew Boesler |

Initial targets for direct buying include AT&T, UnitedHealth, and Walmart.

Analysis  

Brawls Erupt in U.S. Debt Markets

Sally Bakewell, Claire Boston & Katherine Doherty |

When businesses get desperate and covenant violations seem imminent, disputes between lenders and borrowers (and their private equity sponsors) get heated.

News  

Wall Street Warning to Corporate America: Get Cash While You Can

Davide Scigliuzzo |

Banks are encouraging companies at every level of credit rating to consider issuing bonds now, before economic conditions get worse.

News  

Climate Risks May Reduce Ability to Obtain Loans

Silla Brush |

New European Union guidelines instruct banks to consider environmental impacts and climate change when making lending decisions.

Best Practices  

How to Ride High on the Loan-Modification Wave

Meg Waters |

The success of a borrower’s proposal for a loan waiver or amendment will depend on how easy it is for the lender to say yes.

Best Practices  

7 Workstreams for Loan Modifications

Reuben Daniels |

News  

A Shrewd Bond Maneuver

Paula Seligson |

How Royal Caribbean created a liquidity lifeline despite a ratings downgrade and an uncertain future.

Best Practices  

Search for Solutions as the Tsunami Approaches

Meg Waters |

Companies that may require a loan modification in the next few months should be looking, right now, at exactly what covenant relief they will need, and what concessions lenders may demand in exchange.

News  

Junk Bond Yields Exceed 10%

Molly Smith & Hannah Benjamin |

Sellers desperate for funding swallow double-digit costs around the world.