On May 4, 2021, Davis Polk Finance co-head Jason Kyrwood and partners Kenneth Steinberg and Nicholas Palumbo will be among the speakers at Practising Law Institute’s 2021 Leveraged Financing webcast. Kyrwood will speak on the “Leveraged Financing in 2021” panel. Topics discussed will include:

  • Market overview
  • Business and legal drivers of deal activity
  • Product, market and geographic comparisons
  • Update on regulatory developments
  • Update on LIBOR developments and transition
  • Case law developments and implications

Kyrwood will also speak on the “Financing an Acquisition” panel. Topics discussed will include:

  • A look back on 2020
  • Market trends in finance terms
  • Impact of the pandemic on deal terms
  • Increasing transaction complexity (including financing multiple concurrent transactions)

Kyrwood and Steinberg will speak on the “Liability Management Transactions” panel. Topics discussed will include:

  • Review of cases arising from recent liability management transactions
  • Analysis of loan documentation
  • Market reaction and impact on new transactions

Palumbo will speak on the “Direct Lending” panel. Topics discussed will include:

  • Market overview
  • Direct lending strategies
  • Impact of pandemic on direct lending
  • Direct vs syndicated terms

For more information, please visit the event website.