Asian LBOs: Leveraging the leverage
In contrast to subprime-affected markets, Asian deals backed by financial sponsors will find the leverage they need, albeit at tighter prices and terms.
It was standing room only at the Asian Private Equity and Venture Forum in Hong Kong yesterday, particularly during a panel discussion about the availability of leverage for financial sponsor-led deals. People gathered to hear a group of experts debate the topic ôLeveraging the leverage taking out the banks - at a priceö.
Panel member Joseph Ferrigno III, who is managing partner at Asia Mezzanine Capital Group, talked about the amount of leveraged debt waiting to be syndicated around...
To continue reading, please login or register for free