Leveraged finance

The comeback is driven by more competitive pricing in the broadly syndicated loan market, underpinned by the formation of roughly 160 CLO funds.

The move will allow Drahi to focus more on his fast-growing U.S. business. He bought Suddenlink in 2015 and Cablevision in 2016 with a plan to create another U.S. cable giant.

Private equity-owned companies are again raising debt to pay their owners dividends, just as warnings sound about saddling businesses with more leverage in the midst of a downturn.

Today’s competitive market conditions make it difficult for private equity firms to buy companies at the right price, says Mark Sullivan, a partner at Lineage Capital.

Value creation helps Platte River Equity drive returns regardless of market conditions, says Peter Calamari, a managing director with Platte River Equity.