Financing amidst “Walls of Worry”

In this episode of The Insight, Jonny Fine, head of Investment Grade Syndicate in the Americas, shares that while the unprecedented combination of high interest rates and high inflation has forced a window-driven investment grade market for issuers in 2023, the market has actually remained “remarkably consistent.”

Still, he cautions that “not all execution environments have been created equally.” While we’ve successfully overcome many “walls of worry” – whether it be climbing interest rates, foreign exchange, or the price of natural gas – clients must remain vigilant and strategic when accessing the market. “Recent geopolitical developments remind us that another potential risk…can always be around the corner,” he says.