The LBO Market is in ‘disarray’ after ... sold about $1bn of its share of the debt ahead of the agreed schedule, infuriating the other banks. Credit Suisse informed fellow members of the ...

Citigroup Inc. C is reportedly in talks to sell $12 billion in LBO debt to private equity firms Apollo Management, Blackstone Group and TPG Capital. See full story. Back To Top ...

But 12% to 16% of all companies globally are dependent on corporate debt of a similarly poor quality to that issued in high-risk leveraged buyouts. Back to 6x leverage The LBO/EBITDA multiple last ...

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.

Wall Street banks have begun the task of finding buyers for more than $350 billion of leveraged-buyout-related debt, and it is becoming clear what a tall order it is going to be. The $24 billion ...

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 ...

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 ...