LBO Deals Stir Up High Yield Market

Sheahan, Matthew
July 2011
High Yield Report;7/11/2011, p13
The article discusses the increased value of the junk bond market as of July 11, 2011. It states that after the events of post-Independence Day holidays, a number of leveraged buyout deals have raised the value of junk bonds in the billion dollar range. According to Standard & Poor's, a total of 9.3 billion dollars were raised to pay for either leveraged buyouts (LBO) or mergers and acquisitions, the highest volume since October 2007. A list of some of these are presented.


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