2016 Debt Financing Market Capitalization 
Cooley M&A
JANUARY 25, 2023
Lastly, many public life sciences companies that had their market capitalizations fall in 2022 also found it more difficult or more expensive to secure debt financing as compared to a year or two ago, and many private life sciences companies saw that venture capital debt carried with it more dilutive terms in 2022.
Musings on Markets
APRIL 20, 2021
For instance, the 2017 US tax reform act, in addition to lowering the corporate tax rate, also changed the way that foreign income to US companies was taxed and put limits on the tax deductibility of debt. and the cash tax rate by 2.75%. In addition, changes in tax law take a while to work their way into corporate behavior.
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