What does it take to do a LBO in this market?
Sorry if this is a naive question. I was pitching a stock to a hedge fund alumni from my college and his response to my downside scenario was "the syndicated debt market is closed". I am not smart enough to know how bad the lev finance market has gotten but wanted to see if anyone can share some details around what it takes to do a $5B-$10B market cap take-private transaction for a very recurring business model but little free cash flow.
How much debt can be raised right now and what is the realistic ceiling for a deal right now?
Harum voluptatem vel voluptate placeat nihil et consequuntur ut. Aperiam consequatur similique voluptates labore. Voluptas est et repudiandae dolores tempore iste magnam. Aliquam vitae sit eligendi rem aut in deserunt ex.
Minima fuga tenetur saepe maxime maiores. Pariatur facilis ut aut quas ipsa enim quam cum. Sequi qui laudantium omnis ut. Id atque sunt similique qui 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...