The loans held in CLOs are high-yielding, and are generally used in leveraged buy-outs
, to finance the acquisition of a company by a private equity firm.
Whether you could see private equity getting involved or an investor from outside the UK it's very questionable, because if you were going to buy out Ladbrokes a high level of debt is likely to be used and the appetite for leveraged buy-outs
isn't what it was five years ago.
Chicago-based Linden specialises in leveraged buy-outs
in the mid-market segment, focusing on healthcare and life science companies.
The complex financing arrangements and the syndication of debt (to de-risk a bank's individual exposure) have been increasingly used in leveraged buy-outs
and leveraged loan situations over the last ten years.
Carolinians showed clearly that Romney was not looking conservative enough according to many analysts even though he had been painted as a corporate enigma wrapped in leveraged buy-outs
and a stupendous Wall Street portfolio.
The recent history of Bulgarian Telecommunications Company (BTC) is a textbook case of leveraged buy-outs
In his blueprint for restoring financial stability to football Lord Sugar has recommended a ban on leveraged buy-outs
. On fans' websites, Wrexham supporters are appalled at Mr Moss' treatment, but also believe he has sold the club "down the river".
Gaillard, giving evidence to the culture, media and sport committee in London, said: "The leveraged buy-outs
for many clubs end in disaster - just take Liverpool where you have owners who came, contracted debt, bought out the previous owners and saddled the club with the debt.
They are not the only club who have a substantial level of debt, and Taylor believes legislation is required to prevent the huge leveraged buy-outs
undertaken by the likes of former Liverpool owners Tom Hicks and George Gillett, who in the latter stages of their reign last year were paying pounds 40m a year in interest fees.
They are businessmen and in the modern world that means leveraged buy-outs
, which for those of us who speak English rather than managementese, means they borrow to the hilt to buy something they hope will make enough money to pay the interest on the loans - after paying them a hefty wedge of course - make a profit and increase in value.
The negativity hammered into fans after years of reading about leveraged buy-outs
and despatches from a civil war, has travelled to the pitch.
He has broad experience in advising lenders, investors and borrowers on matters including syndicated debt, leveraged buy-outs
, real estate finance, asset finance and development/acquisition finance.
It had developed a particular expertise in the realm of private equity-backed, leveraged buy-outs
and it suffered when these deals came off the rails.
Paul Kaiser, who led the Newcastle-based six-strong corporate finance department, which had helped leverage a number of mid-market deals on Teesside, said: "Leveraged buy-outs
rely on access to cheap debt finance and there is none.
All the way through Romney was building his fortune making over 100% on return of investment for leveraged buy-outs
. He and his wife are reportedly worth $250 to $500 million.