leveraged buyout

Wall Street Banks Rush to Sell Leveraged Buyout Debt as Deals Close

Deadlines to complete acquisitions are looming which may force banks to fund deals themselves unless they can find investors in the market.

July 14, 2022

Musk secured $25.5 billion of debt and margin loan financing and will provide about $21 billion in equity to fund the deal.

April 25, 2022

The sale wraps a tumultuous stretch for Tenneco, which has endured activist investor pressure and board shakeups.

February 23, 2022

Last year, companies backed by PE firms took on debt equal to an average of six times earnings.

January 13, 2022

Sponsors are bypassing Wall Street banks to fund buyouts because they like the speed and certainty of going direct.

December 17, 2021

Lenders are postponing the financing for CD&R’s buyout of Morrison, as the omicron variant adds to market volatility.

December 02, 2021

The buyout is led by Blackstone, Carlyle, and Hellman & Friedman.

September 23, 2021

The upcoming October cover story of Mergers & Acquisitions will examine the impact of direct lending.

August 25, 2021