Large US LBO leverage levels climb to highest rate since crisis: S&P

Money Faucet Data VC
  • No sub-debt in capital structure today
  • Strong environment for first-lien bank loans
  • Borrowers able to syndicate out senior debt
Debt levels on large US buyouts are approaching heights not seen since the peak era in 2007. Leverage levels on large U.S. leveraged buyouts in the third quarter hit the highest debt-to-EBITDA ratio since the global financial crisis, according to ...

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