Can new funds sustain Europe’s LBO boom?

Headline: Can new funds sustain Europe’s LBO boom?Source: EuromoneyDate: August 2001Author: Charles Olivier The European leveraged buy-out market appears to have found its feet again after a nervous first quarter. But banks remain cautious about lending to highly geared deals. Can institutional investors such as collateralized debt obligation funds fill the gap?       […]

Headline: Can new funds sustain Europe’s LBO boom?
Source: Euromoney
Date: August 2001
Author: Charles Olivier

The European leveraged buy-out market appears to have found its feet again after a nervous first quarter. But banks remain cautious about lending to highly geared deals. Can institutional investors such as collateralized debt obligation funds fill the gap?

       

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Syndicated loan desks have made hundreds of millions of dollars from financing leveraged buy-outs (LBOs) over the past six years.






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