As the Fed has pivoted away from short-term rate hikes, you are seeing two things simultaneously. First, stable rates drive strong debt issuance and rebounding M&A for larger businesses. But, rates being higher, businesses that have high leverage or face weaker consumers need more liability management. Boards will grapple with these issues for the next six months.
Senior Managing Director Benjamin Wilson, M&A Investment Banking, spoke with Maria Heeter of the Financial Times about the prospects for dealmaking by large companies in the second half of 2024. Read the article: https://lnkd.in/gtRMScwC Learn more about the transactions that we advise on and underwrite: https://lnkd.in/ezfR3syF
It's interesting to see how stable rates can create opportunities while also posing challenges. How do you think businesses can best approach liability management in this scenario?