Debt - Structuring
The volume of leveraged buyouts increased significantly in 2006 owing to the ready availability of debt. This may not continue in 2007 as competition grows and failed syndications take their toll.
Buy-out firms are making the most of the changed credit environment. Beneath the heady multiples they are also securing some highly attractive funding terms. By Ross Butler
LATEST ISSUE
Leader
The risk of rewards
As Western economies spiral headlong towards recession, curbing fat cat pay packets has become a political priority.
Top Story
Gulf stream
The European Islamic Investment Bank is the first in a flood of new Middle Eastern institutions combining Western talent with Gulf dollars to invest in the European mid-market.
Feature
Hanneke Smits: Adams Street Partners
With in the region of $2.1bn of commitments planned this year, Hanneke Smits of Adams Street Partners on emerging markets, European venture and blind pool risk.
Comment
A day to remember
The tale of Gloria Vila should serve as a reminder that even bit players can have a big impact on LBOs during tougher economic times.
News Analysis
Tuning in to IPTV
Traditionalists and revolutionaries battle to shape the future of online viewing.









