(Reuters) - Blackstone Group LP and Carlyle Group LP are making a joint bid for NCR Corp in a leveraged buyout that would be the year's biggest at more than $10 billion, including debt, people familiar with the matter said on Tuesday.
business with private equity funds and typically arranges high-interest loans between $30 million and $500 million for leveraged buyouts . Other reportedly interested parties are Blackstone (due to its existing interest in GE assets), SunTrust Banks (it
Bond, indicated that there are no near-term plans for an ownership transition. TCW management has ruled out a leveraged buyout of Carlyle's majority ownership stake in the firm. Instead, Landmann mentioned that one possible outcome would
LONDON, May 18 (Reuters) - A lack of new European leveraged buyout loans is forcing banks to become increasingly competitive in order to win mandates, which is driving down underwriting fees and creating more risky loan structures.
life. Spreads and discount margin to maturity figures shown throughout this piece are expressed in basis points. Leveraged buyout activity refers to the acquisition of a company where a significant amount of debt, which may include bonds or loans
could be a warning that the credit cycle is nearing an end. These riskier bonds tend to accompany an upswing in aggressive leveraged buyouts and indicate an increase in the high-yield market’s overall risk exposure. Are risks priced appropriately? Eaton Vance
contribute this capital on demand. The manager of the fund invests it over three to five years, for example through a leveraged buyout of a publicly traded company. In the later years of a fund's life, the manager sells off its portfolio holdings
loopholes. Elimination of some “safe harbors” for leveraged buyouts . This proposal would allow an estate to attempt to claw back moneys paid to former shareholders through a buyout that later sent a company into bankruptcy. Buyouts of public companies
use of leverage at the expense of equity financing. This may be happening already, as there has been an explosion in leveraged buyouts and debt-financed equity buybacks.<PAGEBREAK> In the case of China, the long-term rebalancing of the economy is mainly driven by structural forces
highest volume on record. Mergers, acquisitions and leveraged buyout activity represented 40 percent of new issue volume ..... throughout this piece are expressed in basis points. Leveraged buyout activity refers to the acquisition of a company where