TITLE

Private Equity Firms Contribute Less and Less Equity

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
June 2010
SOURCE
High Yield Report;6/28/2010, Vol. 21 Issue 26, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines the declining amount of equity provided by private equity (PE) firms to leveraged buyout (LBO) deals. As banks sign more deals, the level of equity contribution continue to fall as PE firms are enabled to doll out less cash. A Standard & Poor's report indicated that the average debt-to-Ebitda ratio in the first half of 2010 increased from 4.02 times to 4.4 times.
ACCESSION #
51903379

 

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