Debt Explorer | US and European high yield bond markets cooled during the first quarter of 2025 as macroeconomic uncertainty and a dearth of M&A financing opportunities put the brakes on issuance

Global IPO activity showed steady progress in 2024. Although geopolitical volatility still lingers, the foundations are in place for another solid year

Although Latin America IPO markets look set to remain challenging in the year ahead, investors who are able to handle risk will find opportunities

Global IPO proceeds improved in 2024, but while some IPO markets performed strongly, others faced a challenging year. In 2025, regional markets appear set to drive IPO themes

Strong performance from regional IPO hubs has helped stabilize global IPO markets and lay the foundation for further gains in 2025

Debt Explorer | While issuance of high yield bonds strengthened across all key global jurisdictions in 2024, the US and Europe still face mounting maturity walls

M&A Explorer | The pro-business agenda of the new US administration looked set to boost outbound M&A into Europe in 2025, but tariff announcements and geopolitical tumult mean that dealmakers are holding fire for now

M&A Explorer | Investors are ramping up AI-related M&A to secure cutting-edge capabilities and market-beating returns, but high valuations and open-source disruption are forcing a rethink on deal strategy

M&A Explorer | As global supply chains continue to suffer from ill health, M&A offers a path to recovery

With their massive energy needs, data centers will rely on a range of innovative technologies and construction methods

Will tariffs help rewrite the rules of international trade?

Debt Explorer | Lenders and borrowers in Latin America are sustaining transaction activity in a persistently challenging market with innovative structured finance and securitization deals

Repricing issuance in US leveraged loan markets has surged in 2024, presenting borrowers with the opportunity to lower their financing costs

Debt Explorer | High yield bond issuance in the US and Europe has made strong gains as issuers return to the market to refinance at more attractive rates

Outlook for 2025: Forging a path through complex dynamics

In the race to increase the region’s digital capacity, power and water supply pose particularly novel challenges for developers and financiers

With strained water resources and infrastructure across the region under increased pressure, Brazil and Chile lead the way in unlocking private investment in the water sector

Growth opportunities abound, but political volatility often leads to investor-state disputes

As AI regulations emerge around the world, Brazil, Mexico, Chile and Argentina explore the best approaches to regulating the technology according to their policy priorities.

The Firm's extensive pro bono efforts in the region are united in their aim of protecting its most vulnerable individuals.

M&A Explorer | The EV industry is facing multiple headwinds in 2024 including consumer pullback, but future dealmaking prospects look solid as buyers seek to safeguard future growth, with China leading the way

Debt Explorer | High yield activity in the US, Europe and APAC revives after a tricky period, but markets remain uncertain moving into the final months of 2024