Resilient Media Entertainment

Thursday, February 16, 2012

#PrivateEquity-backed issuers tap high yield market



Published February 16, 2012 at 10:49 AM


In a credit market that some experts are calling "red hot," even private equity-owned companies with the lowest corporate ratings have been successful in refinancing maturing debt.


According to a new study by Moody's Investors Service, at least two PE-backed U.S. companies -- Caesars Entertainment Corp. and a unit of Energy Future Holdings Corp. -- have benefited from strong investor demand for new secured bond offerings as they refinanced maturing bank debt.

CONTINUE READING THIS ARTICLE AS YOU ENTER THE WORLD OF THE DEAL PIPELINE BELOW

No comments:

Post a Comment

WHAT SAY YOU?