TIM's All-Junk LBO: Wave of the Future?

Sargent, Carolyn
June 2005
Investment Dealers' Digest;6/20/2005, Vol. 71 Issue 24, p9
Trade Publication
Reports on the impact of the sale of the buyout financing for TIM Hellas Telecommunications S.A. on high-yield bankers who hope to get a bigger piece of the growing debt market in Europe. Use of the deal to finance the purchase of a controlling stake in the Greek mobile-phone service provider, by a pair of private equity firm; Management of the TIM Hellas deal by J.P. Morgan Securities Inc.; Inclusion of senior secured, senior subordinated and payment-in-kind notes in the deal.


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