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Corporate Partner Ken Wallach was quoted in a Law360 article titled, “Robust Debt Market Keeps Humming At Record Levels.” The article noted that current corporate bond sales are matching the breakneck pace set in 2020. According to data provided by Dealogic, 491 U.S. corporations have raised a total of $545.6 billion through bonds so far in 2021, roughly matching last year’s record-breaking levels. The article identified the catalysts fueling current activity are similar to the forces that were behind last year's surge, namely ultra-low interest rates and massive government stimulus measures aimed at reviving a pandemic-strained economy. In general, Ken commented that companies that hit hard times in the pandemic are now approaching markets with more confidence. “There's light at the end of the tunnel,” Ken said. “So I think there's also greater optimism in the market to finance companies.”

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