News

The average yield of new LBO debt is under pressure. In the third quarter, large LBO loans cleared at 6.44%, versus 7.49% in the second quarter, while bonds cleared at 8.91%, compared to 9.95%.
Lenders behind the $15 billion debt package for the Citrix Systems (CTXS.O), opens new tab buyout may end up keeping some of the debt for a while to avoid flooding the market, according to a ...
When plain vanilla debt is trading at distressed levels, the message is pretty clear. LBO-related debt, however, made extensive use of very equity-friendly financing such as payment-in-kind notes.
The discussion around Dell's potential LBO boils down to this: the stock is cheap, and there's enough cash flow to service what would be a massive debt load, but the price tag might simply be too ...
While the equity ownership of a leveraged buyout (LBO) target is, definitionally, private, the debt has traditionally been provided by public credit markets that have the capacity to underwrite ...
First Data Corp. , SLM Corp. and TXU Corp. are among other companies scheduled to sell LBO-related debt. "To some extent I think there's going to be a little bit of a wake-up call for issuers ...