Speaking Engagement
Winston & Strawn Partner Craig Rasile Moderates the Secured Finance Network Panel
Speaking Engagement
March 28, 2024
Winston partner Craig Rasile moderated the Secured Finance Network “Experts’ Market Review Through Q1 and Beyond” panel on March 28, 2024.
The panelists discussed the turbulent and uncertain financial market over the last 12 months. Below are key takeaways from the discussion.
KEY TAKEAWAYS
- Current interest rates and inflationary pressures coupled with the sunsetting of government subsidies have stalled M&A activity and caused weaker businesses to fend for themselves in the private credit markets or pursue insolvency options.
- Although private equity reports still reflect a significant amount of dry powder to deploy, current interest rates are inhibiting M&A activity and prompting restructurings in and out of court.
- Financial institutions are still reporting a challenging and competitive lending environment until interest rates come back down either later this year or in early 2025.
