The Why’s and How’s of Debt Tender and Exchange Offers

Thursday, September 10, 2009 - 01:00

Akin Gump invites in-house counsel to an upcoming CLE eventtitled The Why’s and How’s of Debt Tender and Exchange Offers on Thursday,September 24, from noon to 1:30 p.m. at One Bryant Park, 6th avenue and 42nd Streetin New York.

The seminar is free and includes a complimentary lunch.

A perfect storm of events has created an uptick in debttender and exchange offer activity: high-yield debt continues to trade atsubstantially discounted levels, credit markets remain tight, and record levelsof debt will come due in the next few years. In combination, these factors havecompelled corporate issuers to seek to delever their balance sheets throughdebt exchange and debt tender offers.

The seminar will address the following issues: why debtexchange/tender offers are attractive to corporate issuers and bondholders, howthese transactions are typically structured, and the securities laws thatgovern these types of offers.

To register by September 17, call (212) 407-3179.