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How Private Credit Funds are Making Debt Look a Lot Like Equity

Reynolds Holding

First, there is more corporate debt now than ever. The 2023 banking crisis, and the ongoing macroeconomic conditions, further highlight the significance of debt capital as a lifeblood of business. Second, fuelled by post-GFC banking regulation (e.g., Second, fuelled by post-GFC banking regulation (e.g.,

Equity 64
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DEBRA, next big tax reform in Europe?

Simply Treasury

The idea is not new to encourage companies to increase their capitalization and reduce their bank debt (partly through more recourse to the capital market - CMU project). This disincentive is intended to reduce the attractiveness of debt financing, regardless of its origin. A very simple approach indeed.

Equity 52
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Cooley’s 2023 Cross-Border M&A Year in Review: Navigating Choppy Waters into a More Buoyant 2024

Cooley M&A

Interest rates hikes dampened activity For much of the past 24 months, global central banks raised interest rates in response to rising inflation, initially caused by higher goods and energy prices, as well as bottlenecks in global supply chains. This was done with a degree of synchronicity not seen in decades.