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Law and Courts in an Age of Debt

Harvard Corporate Governance

Shifting from equity to debt financing is not simply a matter of optimizing a firm’s cost of capital, however. This post is based on their recent paper , forthcoming in the University of Pennsylvania Law Review. Highly leveraged firms are now commonplace in many U.S. industries.

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Financing Year in Review: Evolving Markets and New Trends

Harvard Corporate Governance

Widely held concerns about inflation, rising interest rates, and a possible recession combined to slow debt financing and deal activity in the first half of 2023. Borrowers deferred new debt deals, delayed planned refinancings, and paused major corporate transactions while waiting for interest rates to top out.

Finance 131
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Blackstone braves frigid debt financing market with $14bn Emerson unit deal

Financial Times M&A

Private equity firm teams up with sovereign wealth funds in buyout of US conglomerate’s climate tech arm

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The Bootstrapped Startup’s Guide to Debt Financing

Lighter Capital

Additionally, bootstrappers have to achieve healthy margins early on to cover costs and finance growth — and that’s a recipe for success! Raise Equity Raising equity may seem like the ultimate vote of confidence for a growing startup and the best path to a successful exit, but there are also many debt financing advantages for startups.

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Elon Musk Races to Secure Financing for Twitter Bid

NYT M&A

The world’s richest man is trying to shore up debt financing, including potentially taking out a loan against his shares of Tesla, so he can buy Twitter for $43 billion.

Finance 98
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How Revenue-Based Financing and Venture Capital Work Together

Lighter Capital

As non-dilutive funding solutions attract more interest from SaaS entrepreneurs, venture capital (VC) investors are seeing an increasing number of startups who have used them for their growth and working capital needs, many times combining revenue-based financing (RBF) with a term loan, or other types of debt financing.

Finance 105
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Perkins Coie Adds Ex-Alston & Bird Debt Finance Atty In LA

Law 360 M&A

Perkins Coie LLP is growing its corporate department by adding a former Alston & Bird LLP debt finance expert as a partner in its Los Angeles office.