Honing in on where investor demand lies is key when corporate dealmakers take on new debt, explains David Jones, co-founder, president and CEO of boutique investment bank CastleOak Securities LP. "Investors don't want to lock their money up for the next 30 years at these levels," Jones says. "The strength of where people are financing their activities are either in the shorter end or the midlevel."
Jones goes on to predict how he thinks Dodd-Frank reform will impact M&A dealflow, and in turn, which sectors he thinks will see a boon in activity for the remainder of the year. - Sarah Hashim-Waris