(Reuters) - In a leveraged buyout, private equity firms increase debt
at a target firm substantially, using mostly debt proceeds and
a small portion of their own equity to fund the acquisition.
In the past, private equity firms were expected to recoup
their investment by taking a company public again or selling
it, but this is no longer the case, Moody's said.
Read more at Reuters.com Bonds News
at a target firm substantially, using mostly debt proceeds and
a small portion of their own equity to fund the acquisition.
In the past, private equity firms were expected to recoup
their investment by taking a company public again or selling
it, but this is no longer the case, Moody's said.
Read more at Reuters.com Bonds News
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