
Market Analysis: European LBO companies
Limited earnings growth means the short-term outlook for leveraged buyout companies in Europe has worsened, according to research by Standard & Poor’s.
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In the third quarter of 2009, Standard & Poor’s speculative grade default rate among western European companies increased to 13.1% for the 12-month period ending September 2009, up from 11.4% at the end of the second quarter.
This means 96 companies in our dataset, with total outstanding funded debt
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