Deal Watch: Deals Abound, Debt Offerings Soar and Private Equity Firms Start Exercising
Deal work continues its up and to the right trajectory, while work constructing and litigating liability management exercises grows.
August 19, 2024 at 05:44 PM
11 minute read
Mergers and AcquisitionsThe original version of this story was published on The American Lawyer
What You Need to Know
- Deal flow remains strong with eight deals over $1 billion as well as a $35.6 billion snack deal last week.
- But companies are still looking to find the cheapest debt and many companies owned by PE firms are utilizing liability management exercises to help that process.
All indicators point to continuing growth in deal flow through 2024, a welcome occurrence after years of uncertainty and lower-than-normal workloads. Last week saw one of the largest deals of the year, guided by a bevy of Big Law firms and strong showings in deal count of over $1 billion (eight) and debt offerings over $500 million (15).
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