Simpson Thacher in the News
Go Back
Art Robinson Quoted in Law360 on Activity in High Yield Bond Market
04.16.20
This is only gets display when printing
Corporate Partner Art Robinson was quoted in a Law360 article titled, “Corporate Borrowing Binge Expands To High-Yield Bonds.” The article addresses the recent increase in companies tapping into the high yield bond market in order to raise cash and shore up balance sheets amid the coronavirus pandemic. Noting the high yield market is firming up and has opened for certain issuers, Art said, “[t]he high yield market is stronger right now than the leveraged loan market and, in addition to rescue financings, some boards [of directors] and CFOs are deciding it is wise to use this market window to put cash on the balance sheet or address upcoming maturities."
To read the full article, please click here (subscription required).