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 ...

As I've written before, the trouble with LBO debt is that it's worthless to the company. Unlike traditional bank loans or stock and bond offerings, the money raised isn't capital that can be ...

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 ...

Technology and debt, like Red Bull and milk, don’t mix. Why? Because when technology works, it commands high valuations. You can’t LBO Google. But when technology moves on to the next new ...

Note that new loan issuance backing LBO transactions in 2023 through Sept. 30 is at a low point since 2010. In recent years, low financing costs allowed companies to load up on debt without 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.

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 ...

With the U.S. economy struggling and demand weak for risky debt, the outcome is likely to be a rise in abandoned LBO deals, higher borrowing costs, or more corporate defaults and bankruptcies.