Lucas Scheer discussed changing bondholder behavior and the need for timely communication with debt investors.
Lucas Scheer, president of LS Global Advisors, discussed shorter holding periods, the challenge of identifying current ownership, and the importance of making investor-relations teams available to bondholders.
For companies facing tender offers or consents, he emphasized the value of quickly understanding debt ownership and having a clear way to communicate with holders. Consistent access can help companies build respect with debt investors and reduce the conditions that contribute to bondholder activism.