TITLE

Kinetic Tests Loan Market's Appetite

AUTHOR(S)
Colter, Allison Bisbey
PUB. DATE
October 2011
SOURCE
High Yield Report;10/10/2011, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the 2.6 billion U.S. dollar term loan B sought by wound care products maker Kinetic Concepts to fund its buyout. The sheer size of the term loan reportedly is making potential investors rethink. According to one fund manager, most market participants believe that there is no way banks are going to be able to sell all of that paper. Investors fear that they will be stuck holding a large amount on their own balance sheets if banks cannot sell all of it.
ACCESSION #
66559411

 

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