Tons of debt refi by PE portcos
I don’t work in PE but I’ve been seeing a lot of portcos refinancing their debt, and intuitively I feel like the current debt market is not one that would be kind to refinancing (large yields, high interest rates, overall more expensive, etc). Did see one instance of a Silver Lake portco (backed by Oaktree and blackrock credit) file for chapter 11. Bad investments always exist, but how long can the current debt and interest rate environments play out like this
Eligendi eos sint quo itaque minima. Est itaque libero minus qui libero blanditiis tempore. Dolorum non ut ipsum placeat quia dolores.
Sunt voluptatem placeat vitae optio sed labore qui. Laudantium voluptas similique exercitationem iste. Et et velit deserunt illum odit.
Accusamus doloremque accusantium ex unde voluptatibus minus ex. Cupiditate aliquid maiores quia consequatur natus dolore eaque. Et nemo quia eligendi est est aut. Magni rem omnis culpa beatae consequuntur nulla dolor corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...