Convertible Debt: Low-Cost Debt Capital in a High Interest Rate Environment
The convertible debt new issue market in 2023 has been frequented by companies seeking a lower cash interest alternative to what is being offered in the high yield and investment grade debt markets.
Secondaries Provide an Answer for the Primary Questions Facing GPs and LPs in 2023
Jefferies’ Private Capital Advisory team discusses tailwinds that will nudge more LPs and GPs to use secondary transactions as a tool for preserving liquidity and offering access to upside.
ECM New Issue Market Is Open
The second quarter of 2023 was the most active U.S. ECM new issue market since the fourth quarter of 2021.