Liability Management Series Part 1: Overview of Liability Management Transactions

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 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 is not available when viewing a recording of this program. In order to receive credit you must have attended the live webinar program.