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
It’s crunch time
The European private equity community is solemnly marking the first anniversary of the credit crunch this week with an extended summer holiday.
Top Story
20 most Influential
A tumultuous 12 months on from the onset of the credit crunch, we asked 500 of the industry’s biggest hitters to name the most powerful people in European private equity.
Feature
London 2012: the private equity opportunity
As the British public gets behind its athletes in Beijing this month, UK private equity firms are also under starter’s orders. Buyout houses targeting everything from construction and hospitality to recruitment, software and plumbing are preparing to compete for the Olympian opportunities presented by London 2012.
Comment
Will buyout terms protect LPs?
The simple arithmetic of private equity means refinancing concerns go a lot further down the deal spectrum than anyone previously thought.
News Analysis
Parting companies
Partech International Partners, the latest in a string of transatlantic divorces, has reignited the question of whether long-distance relationships can last.









