Shearman And Sterling

Event April 20, 2020

Implications of COVID-19 on Capital Markets Deal Execution: An Interactive Discussion

  • Webcast

The crisis caused by the coronavirus pandemic (COVID-19) has significantly impacted deal execution in the capital markets. The Shearman & Sterling Capital Markets group led a live interactive discussion on deal execution best practices in this new COVID-19 environment on Monday, April 20, 2020 from 2:30–3:15 pm ET.

The team leading the discussion included Richard Alsop, Ana Aur, Harald Halbhuber, Ilir Mujalovic, and Lona Nallengara(all New York-Capital Markets), who covered the following key topics: 

  • PIPEs and other private capital raises 
  • Doing deals after quarter-end and during black-out periods, including guidance withdrawals and modifications
  • Liquidity considerations 
  • Impact of COVID-19 developments between pricing and closing of an offering (including shoe closing) 
  • Documentation considerations – underwriting agreements, comfort letters and opinions