ARTICLE
17 February 2023

Liability Management Series Part 1: Overview Of Liability Management Transactions

MB
Mayer Brown
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
Given market conditions, issuers in a range of industry sectors may be evaluating potential liability management transactions, including debt repurchases...
United States Finance and Banking
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February 28, 2023 Webinar

3:00 pm – 4:00 pm ET

Register  here.

Given market conditions, issuers in a range of industry sectors may be evaluating potential liability management transactions, including debt repurchases, and tenders or exchange offers. In some cases, no-action letter relief may provide issuers with greater flexibility for tender offers for non-convertible debt securities, including non-investment grade debt securities.

During this session, John Ablan and John Berkery, will address:

  • Overview of liability management options and objectives;
  • Redemptions;
  • Open market repurchases;
  • Debt tender offers, generally;
  • No-action letter relief for non-convertible debt securities;
  • Five business day tender offer no-action letter;
  • Exchange offers; and
  • Consent solicitations.

CLE credit is pending.

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

ARTICLE
17 February 2023

Liability Management Series Part 1: Overview Of Liability Management Transactions

United States Finance and Banking
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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