Market Wrap
US LevFin Wrap — Cornerstone, Cardenas and primary paradigms, Twitter execs and pink slips
- Will Caiger-Smith
•6 min read
Another month, another awful inflation print, and another recalibration of the Fed’s rate-hike trajectory. When does it end? Probably not any time soon — and that’s likely one of the reasons we saw a flurry of new debt syndications this week.
The current slate of new deals — including LBO debt from Cornerstone Building Brands and Hispanic Food as well as an acquisition financing from TekniPlex and a refi from Atlantic Aviation — is more activity than the market has been used to in recent weeks.
