Is the leveraged bid dead?
The outlook for financial sponsors remains positive as BainÆs ability to raise leverage in Asian markets corroborates.
Liquidity in some subprime-affected markets has dried up and financial sponsor deals are feeling the pain. But has Asia decoupled enough from these markets that leveraged deals in the region will continue to flourish while they dwindle elsewhere
Bankers, economists and investors in the region highlight the now oft-quoted fact that the correlation between economies in the West and those in Asia is much lower then it was in the past, say at the time of the 1997 crisis, and...
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