Few predicted the financial crash last month. Even fewer predicted the almost daily gyrations in the stock market and chaotic credit policies of major banks and financial institutions. So much …
Strong Debt Market Improves Prospects For Leveraged Transactions
Since 2004 senior debt markets have loosened substantially. Faced with competitive pressures, including new senior lending sources, traditional lenders are embracing more liberal debt coverage multiples and covenants. Aggressive cash …