United States: Debt Capital Markets

Subscribe
Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
The Financing Problem Behind the AI Infrastructure Boom: What Lenders and Sponsors Need to Watch
As AI infrastructure spending surges toward $697 billion in 2026, hyperscalers and compute providers are increasingly turning to debt, structured financing, and GPU-backed collateral to fund expansion. While demand projections remain bullish, a critical timing gap is emerging between capital deployment and cash flow generation, creating significant risks for lenders, sponsors, and operators across the ecosystem.
United States Finance
R
Riveron
Article
SEC’s Office Of Mergers And Acquisitions Issues Exemptive Order Easing Certain Requirements For Non-Convertible Debt Tender Offers
The SEC's Office of Mergers and Acquisitions has issued a new exemptive order allowing tender and exchange offers for non-convertible debt securities to remain open for just five business days instead of the standard 20-day period. This order liberalizes the previous framework by permitting partial offers with proration, narrowing consent solicitation prohibitions, and expanding eligible participants. What are the key conditions that must be met for issuers to take advantage of this abbreviated timeline, an
United States Finance
GP
Goodwin Procter LLP
Article
SEC Expands Five-Business-Day Tender Offers For Non-Convertible Debt Securities
The SEC's Division of Corporation Finance has issued a new exemptive order allowing qualifying tender and exchange offers for non-convertible debt securities to remain open for just five business days instead of the standard 20. This modernized framework expands relief beyond the 2015 no-action letter, introducing significant changes including the elimination of guaranteed delivery requirements, removal of financing restrictions, and permission for partial offers and certain consent solicitations.
United States Finance
LS
Lowenstein Sandler
Article
New SEC Exemptive Order Expands Availability Of Five Business Day Debt Tender Offers
The SEC's Division of Corporation Finance has issued a new exemptive order that significantly expands the framework for abbreviated tender and exchange offers for non-convertible debt securities, moving beyond the constraints of its 2015 guidance. This order introduces greater flexibility by permitting partial offers, consent solicitations, and broader investor participation while streamlining procedural requirements. Companies and their advisers now have access to five-day offering periods for a meaningful
United States Finance
AO
A&O Shearman
Podcast
Borrowing Smart — Venture Debt And Other Financing Alternatives (Podcast)
Debt Finance partner Raquel Smith joins hosts Laura Cicirelli and Eric Weiner to discuss venture debt facilities, unpacking key terms founders should understand including common red flags, covenants, and events of default. The conversation explores building strong relationships within the venture debt ecosystem and examines the broader risks, strategic considerations, and potential pitfalls associated with venture debt financings.
United States Finance
LS
Lowenstein Sandler
See more