(Reuters) - The credit spigot that fed the borrowing frenzy by private equity deal makers has essentially been turned off for now, as investors put the brakes on purchasing debt from buyout financings with heavy leverage and loose lending terms.
That pullback has cast a chill across the private equity sector, causing delays in the major leveraged buyout financings of automaker Chrysler Corp and retailer Alliance Boots . The financing delays and sell-off in private equity stocks leave KKR facing a tough climate.
Read more at Reuters.com Mergers News
That pullback has cast a chill across the private equity sector, causing delays in the major leveraged buyout financings of automaker Chrysler Corp and retailer Alliance Boots . The financing delays and sell-off in private equity stocks leave KKR facing a tough climate.
Read more at Reuters.com Mergers News
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