Bloomberg.com logo Bloomberg.com 1 month ago

Leveraged Buyouts Left For Dead Finding Life Trimming $527 Billion of Debt

Oct. 23 (Bloomberg) -- The biggest leveraged buyouts from the takeover boom this decade are making a comeback in the debt market seven months after investors concluded they were almost certain to default, thanks to concessions from lenders. KKR & Co. Full Article at Bloomberg.com

Related Topics:

  1. TPG, N.V.
  2. Federal Bureau of Investigation
  3. Merrill Lynch

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    By Jeffrey McCracken and Dana Cimilluca Health care data company IMS Health Inc. is in advanced discussions with private-equity firms to sell itself, said people familiar with the matter, the latest sign that the leveraged-buyout business is waking... Full Article at Wall Street Journal

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Related Quotes

  1. At least they kick the can a little bit down the road; but the problematic part is they kick it down by an average of two years and that just puts them to where we already have a lot of maturities
    SOURCE: Bloomberg.com 1 month ago
  2. Their actions improved overall liquidity and helped creditors but in terms of the exchanges they’re asking the bondholders to make the sacrifice rather than the equity holders
    SOURCE: Bloomberg.com 1 month ago
  3. Many of the savvy private-equity shops have aggressively taken advantage of the credit crisis and the massive decline in bond values to force some recapitalization and force the debt holders to share pain
    SOURCE: Bloomberg.com 1 month ago
  4. Private-equity holders feel there is a lot more upside to play for
    – William Cunningham SOURCE: Bloomberg.com 1 month ago
View all Related Quotes »
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  1. A worker smokes in front of a Myer store in central Sydney August 25, 2009.
  2. CHICAGO - APRIL 08: Pedestrians walk past a Washington Mutual bank branch April 8, 2008 in Chicago, Illinois. Hit hard by rising delinquencies and defaults on mortgages, the troubled lender said Tuesday it will receive $7 billion investment from an investment group led by private equity firm TPG.
  3. This NOAA satellite image taken Tuesday, Dec. 1, 2009 at 12:45 a.m. EST shows a cloud shield over eastern Texas, Louisiana, and southern Mississippi with fairly widespread light to moderate rain showers across the deep south of Texas.
  4. ANAHEIM, CA - NOVEMBER 29: Derrick Roland #3 of Texas A&M shoots the jump shot against Blake Hoffarber #24 of Minnesota in the first half during the 76 Classic at Anaheim Convention Center on November 29, 2009 in Anaheim, California.
  5. HOUSTON - NOVEMBER 29: Defensive end Robert Mathis #98 of the Indianapolis Colts looks on during the game with the Houston Texans on November 29, 2009 at Reliant Stadium in Houston, Texas. The Colts won 35-27.

Cast of Characters

  1. TPG, N.V. TPG, N.V.
  2. Bruce Wasserstein
  3. Lazard LTD. Lazard LTD.
  4. Federal Bureau of Investigation Federal Bureau of Investigation
  5. Merrill Lynch Merrill Lynch
  6. NASDAQ NASDAQ