Ryan Preston Dahl, co-chair of Ropes & Gray's business restructuring practice, was featured in a Dec. 28, 2023, Wall Street Journal Pro article on how expected Federal Reserve interest rate cuts next year could benefit highly indebted companies.
Ryan, who recently advised Trinseo plc in its $1 billion secured term loan financing, commented on how companies are using liability management exercises to raise new debt.
"Most large private credit funds have very large pockets of capital that actively market themselves as being a counterparty to liability management deals, and that trend isn’t going away," he said.
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