Credit funds weigh LBO risks

New Angles

Philip Green, the British entrepreneur, may not have been successful with his leveraged buyout (LBO) play for British retailer Marks & Spencer (M&S), but he has managed to worry credit investors. Green amassed £13 billion in financial backing for his M&S bid, and credit managers are interpreting that feat as a sign that there is plenty of appetite to do a large LBO. The question is which company or companies will ultimately yield, but as LBO volumes have steadily increased over the past five

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: