Search for:

In the second installment of this two-part series, Baker McKenzie lawyers explain what the debt capital markets have to offer struggling companies.

Against the backdrop of human tragedy brought about by the COVID-19 pandemic, companies are facing their own battle for survival. Over the past few months, tens of millions of people have been furloughed, made redundant or are working under radically altered circumstances, with the resultant dramatic impact on company revenues and, indeed, business viability. In this follow-on piece to our Part one article – Baker McKenzie lawyers consider what debt capital markets can offer companies struggling to prevent their liquidity problems from becoming solvency problems.

This article was first published in the International Financial Law Review.

Author

Ashok Lalwani is the Head of the International Capital Markets Practice in Asia Pacific and is the Chair of the Firm's India practice. Ashok is recognised by leading legal directories for his experience in the cross-border securities and high yield matters.

Author

Duncan is a partner in and is head of Baker McKenzie's Banking & Finance group. He was most recently recognised as a key individual for Debt Capital Markets in Australia by Chambers Asia Pacific and was regarded as “a highly commended DCM specialist who is praised by clients for being ‘very technical and able to get his head around the most difficult issues’ and for being ‘proactive, commercial and a good sounding board’.”

Author

José Antonio Morán chairs the Firm's Energy, Mining & Infrastructure Practice Group. He represents clients in numerous high-value deals, including one recognized by Thomson Project Finance International as “the largest merger and acquisition deal in Latin America.” José is ranked as a Foreign Expert for Spain in USA - Projects by Chambers USA 2017 and 2018. The Legal 500 United States also recognized him from 2011 to 2016 in the area of project finance and in prior years in the areas of corporate & finance and real estate & construction. José has been trained as a lawyer under a civil law system and a common law system. José is a lecturer at Loyola University School of Law's comparative law seminar on legal systems in the Americas, and a visiting professor at Northwestern Law School as a lecturer in the project finance class. He was the vice chair of the Banking and Financial Services committee of the International Institute for Conflict Prevention and Resolutions.

Author

Roy Pearce is a member of the Firm’s Capital Markets Group. He joined Baker McKenzie in 1996 and has worked in the Firm’s Almaty, Moscow and London offices.