The week was defined by one big deal, a drop to single-digit transactions and a flurry of reports on the energy industry by Haynes and Boone that provide context for the transactions that pass through the CDT Roundup.
Haynes and Boone Energy Reports: Lower Bases, Less Credit, More Hedging
Energy companies are likely going to face a new lending environment, even when the nation exits from its current coronavirus woes, according to new reports by Haynes and Boone. Even though prices have stabilized banks are changing the rules, and O&G companies are moving toward greater self-reliance in the process.
Mergermarket Q3: Value Up, Deal Count Up. And Down.
The Q3 Mergermarket numbers are in. Deals were also up. But also down from last year. Total value was up. But both are well below average and rate poorly against the last 14 years. Allen Pusey has the numbers.