Entries tagged "LBO debt"

Can the Beatles save EMI from Citi?

Citigroup may be taking a hard line on working out a debt restructuring of Beatles' music label EMI Group.

On the future of private equity

David Carey and Vipal Monga take a hard look at the prospects for private equity in the new issue of The Deal magazine.

Will LBO debt topple Clear Channel?

The media reports say Clear Channel's crushing debt load has it considering asset sales, debt restructuring and even bankruptcy.

Roll Call: Dealbreaker provides insight into bankers' thinking

The decision by banks to take steep losses by selling the leveraged debt on their books to private equity firms at a steep discount might not make too much sense to those not in the know. And providing financing to those same buyout shops to buy the debt -- essentially replacing the old debt with new -- may make even less sense (unless you count the nice fat fees the banks will collect from providing new financing). Luckily Dealbreaker has provided some handy insights into the thinking of the sellers' top executives. - George White...

Banks taking a haircut on LBO debt sales

Citigroup Inc., Deutsche Bank AG, Goldman, Sachs & Co. and other banks are moving aggressively to sell big blocks of leveraged loans and high-yield bonds to private equity firms, although they're taking quite the haircut to do it....

Goldman Sachs dumps LBO debt at deep discount

Banks are starting to unload leveraged debt from their books, but are paying a steep price to do it....

Deutsche Bank shopping $20B in LBO debt to PE firms

Deutsche Bank is hoping to sell $20 billion in LBO debt to private equity firms at a loss.

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