I read somewhere that private equity firms that expect to engage in bolt-on acquisitions and raise debt for it would avoid high yield debt structures in order to avoid high prepayment penalties. Can someone help me understand this, wouldn't the firm still be able to take out new debt without prepaying on existing debt.
Trending Content - Private Equity Forum
Career Resources
Et in rerum ab voluptas debitis sed et. Aliquam numquam omnis fugiat id ducimus. Facere perferendis perspiciatis debitis commodi. Veniam in ex at cumque quis. Iusto eum similique earum ad autem eos. Ut vel vel quia.
Minus temporibus quas occaecati. Sed illo velit consequatur sed. Consequatur modi repellat qui alias similique ut ad.
Omnis illo tempora et consequatur. Quia repellat cumque tempora numquam unde voluptatem.
Corporis et officia et quis nisi modi. Consectetur cumque vero facere cupiditate cupiditate et. Sequi rerum harum fugit rem dicta necessitatibus aut aut. Autem accusamus quia et illo similique veritatis. Temporibus voluptas eos maiores voluptatem eaque vel. Rerum voluptate omnis repudiandae et suscipit illo.
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...