Second Helpings for PE Sponsors in Equity Market

Holman, Kelly
November 2009
Investment Dealers' Digest;11/13/2009, Vol. 75 Issue 43, p1
Trade Publication
The article reports on the use of secondary public offerings by sponsored-owned companies in the U.S. to pay down debts. It states that if the broader equity markets stay buoyant, secondary offerings could bring in extra profit to private-equity (PE) sponsor firms and their investors. According to observers, the secondary offerings will serve the same purpose as many debt offerings did ahead of the financial crisis.


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