Entries tagged "leveraged loans"
THL Partners' Scott Sperling says that a rebound in bond and equity markets and M&A should help borrowers refinance about $430 billion of leveraged loans.
John Thain, CEO of Merrill Lynch & Co., said that the company would consider selling its stakes in Bloomberg LLC and BlackRock Inc., but the firm could also make use of the Federal Reserve's discount window, if it needed to raise more capital. ...
At The Deal's Fifth Annual Private Capital Symposium Hamilton "Tony" James, the president and COO of the Blackstone Group LP, spoke about his firm's dealflow and attributed its success to its investment strategy.James said that the real value in the corporate market evolves around leveraged loans. "Capitalizing on the credit crunch itself we have bought several portfolios or individual names of debt that is sitting on the balance sheet of the banks. Many of those banks are either motivated to sell by regulatory pressures, capital pressures, or to please markets and they don't really think for the most part that...
