Ep185: Cost of Capital: 2022 Outlook

The year ahead looks like another strong year for financings, but with uncertainty around supply chains, inflation, potential tax law changes and import tariffs. The yield on the 10-year Treasury bond is up significantly so far in January, repeating a pattern early last year. The Federal Reserve is expected to start raising interest rates as early as March. Listen to a discussion about what to expect in the year ahead for tax equity, bank and term loan B debt and project bonds, led by Keith Martin from Norton Rose Fulbright, among John C.S. Anderson, global head of corporate finance and infrastructure at Manulife, Jack Cargas, managing director and head of originations on the tax equity desk at Bank of America, Ralph Cho, global co-head of the power and infrastructure group at Investec, Max Lipkind, managing director and head of Americas leveraged finance origination at Credit Suisse, and Rubiao Song, managing director and head of energy investments at JPMorgan.