Simpson Thacher in the News
Go Back
Marisa Stavenas and Sunny Singh Quoted in Law360 on the Increase in Liability Management Deals
06.27.23
This is only gets display when printing
Partners Marisa Stavenas and Sunny Singh were quoted in a Law360 article titled, “As Interest Rates Rise, So Do Liability Management Deals,” which discussed the increase in companies pursuing liability management transactions. When reflecting on the prospect of refinancing and upcoming maturities on prior bonds, Marisa observed, “We're getting to the point where companies need to refinance and the environment is going to be more expensive, no matter what structures are being looked at. And some balance sheets can't handle that or the associated interest expense." Sunny went on to explain, “In the restructuring world, if you've got a maturity in '25, you need to start thinking about and addressing it at least 12 months in advance.”
To read the full article, please click here (subscription required).