LBO risk

Market Graphic


Event risk has long been touted as one of the most likely triggers of a reversal in the credit cycle. The now ubiquitous leveraged buyout is perhaps the most feared by bullish credit investors. In an LBO, the acquiring company - usually a private equity group - gains control of the target firm by using considerable amounts of debt. On completion of the deal, the debt will be transferred onto the target company's balance sheet, usually causing significant damage to its credit profile.

After a

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 indvidual account here: