Akin Gump is sponsoring a CLE program for in-house counsel titled The Why's and How's of Debt Tender and Exchange Offers for Thursday, September 24, at One Bryant Park,43rd Floor, New York, New York.
Registration and lunch will begin at noon and the program will run from 12:30 to 1:30 p.m.
A perfect storm of events has created an uptick in debt tender and exchange offer activity. High-yield debt continues to trade at discounted levels, credit markets remain tight and record levels of debt will come due in the next few years. Together these factors have compelled corporate issuers to seek to delever their balance sheets through debt exchange and debt tender offers.
This seminar will address the following specific issues: why debt exchange/ tender offers are attractive to corporate issuers and bondholders; how these transactions are typically structured; and what the securities laws are that govern these types of offers. The scheduled speaker is Rosa Testani, a partner in the New York office and a member of the corporate practice group.
For information, see CLE Events at The Metropolitan Corporate Counsel website at www.metrocorpcounsel.com.
To make a reservation, call (212) 407-3179.