TITLE

Second Helpings for PE Sponsors in Equity Market

AUTHOR(S)
Holman, Kelly
PUB. DATE
November 2009
SOURCE
Investment Dealers' Digest;11/13/2009, Vol. 75 Issue 43, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
45355570

 

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