TITLE

The LBO Ratings Dance

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
November 2006
SOURCE
Investment Dealers' Digest;11/20/2006, Vol. 72 Issue 44, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the difficulties faced by rating agencies in assessing takeover risks. Fitch Ratings Inc. and Standard & Poor's Corp. prefer to leave takeover risks ratings in the hands of the investors as they find it difficult to analyze especially on leverage buyouts (LBO). Meanwhile, Moody's Investors Service Inc. proposed a plan of gradually imposing a series of interim rating actions for companies involved in LBO deals.
ACCESSION #
23191082

 

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