The Impact of LBO Financing on Bank Returns
- Deeper pockets boost Wells LBOs. // ABA Banking Journal;Aug87, Vol. 79 Issue 8, p82
Focuses on the importance of leveraged buyouts in the banking industry. Views of John E. Lindstedt, senior vice president of Wells Fargo Bank, on leveraged buyouts; Protection of the bank; Management of cash flows.
- Bank competition reduces the pricing on big LBO loans. Goldblatt, Jennifer // American Banker;10/25/1996, Vol. 161 Issue 206, p1
Focuses on the impact of bank competition on pricing of major leveraged buyout (LBO) loans. Value of loan granted to Hicks, Muse, Tate & Furst for the purchase of Newsquest Media Group; Value of Westminster Press buyout loan; Contributing factors affecting price of LBO.
- Banks are offering more levers for LBOs. Goldblatt, Jennifer // American Banker;7/21/1997, Vol. 162 Issue 138, p22
Reports on efforts by American banks to expand services to leveraged buyout (LBO) firms. Factors that make buyout firms ready consumers for one-stop financial services shopping; Leadership of Bankers Trust New York Corp. and Chase Manhattan Corp. in LBO servicing; Drawbacks of securities firms...
- LEVERAGED BUYOUTS: THE WASHINGTON DEBATE. Spooner, Gilian // USA Today Magazine;Nov90, Vol. 119 Issue 2546, p22
Focuses on the Congressional debate concerning leveraged buyouts in the United States. Erosion of tax base; Safety and soundness of the banking system; Security of private pension system; Integrity of the securities market; Corporate governance; Corporation's emphasis on short-term profits...
- Europeans Waiting Patiently for LBOs. Burns, Mairin // Bank Loan Report;02/26/2001, Vol. 16 Issue 8, p1
Focuses on the reaction of the financial market to the surge in European leveraged buyout activity. Steps taken by borrowers; Concerns of banks; Discussions on possible retrenchment; Difficulties encountered by several companies.
- Investors and Sponsors Keep Leveraged Buyout -Loan Market Booming. DAVID WEIDNER // American Banker;1/14/2000, Vol. 165 Issue 10, p4
Reports that the leveraged buyout has become the most-sought deal for bank lenders in the United States at the dawn of the 2000s. Factors behind the development; Range of returns on bank loans issued for financing leveraged buyouts.
- LBO lending: What banks should know. Harlan, Leonard M. // American Banker;5/29/1996, Vol. 161 Issue 102, p22
Reports on American regional banks' increasing interest to become lenders in leverage buyouts (LBO). Decline in margins in traditional forms of lending due to competition; Difference between LBO and corporate lending; How regional banks participate in LBOs.
- LBO Firms And Banks Consider Deal-Breaking 'MAC' Clauses. // High Yield Report;10/1/2007, Vol. 18 Issue 37, p1
The article reports on the considerations of leveraged buyout (LBO) firms and banks in dealing with materially adverse change (MAC) clauses in the U.S. It is not easy for LBO firms to call a MAC or MAC out a deal due to potential prolonged legal conflict over the clauses. Banks may use the MAC...
- One-Stop Financing Solutions. Tannenbaum, Leonard; Tannenbaum, Jessica // Mergers & Acquisitions: The Dealermaker's Journal;Apr2010, Vol. 45 Issue 4, p44
The article focuses on the changes in the leveraged buyouts (LBO) market as an impact of recession. It is said that recession has forced the market to replace the traditional two-lender model which includes bank plus junior debt provider, with one-stop financing solution. Private equity sponsor...