Bondholders Wary Of Top-Heavy Structures

Laughlin, Kate
May 2006
Investment Dealers' Digest;5/8/2006, Vol. 72 Issue 18, p11
Trade Publication
The article discusses the problems that will be encountered by bondholders in the event of bankruptcy. It states that the leveraged buyout activity has an increase bank debt in the market and is seen to suffer in the coming two to four years. It also mentioned that on the next down cycle, bank debts will play an important role in most reorganizations.


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