Buyout firms: 4, Banks: 0. LBO loans are causing banks and lenders a lot of anguish. If covenant-lite loans and interest-avoiding Pik-toggle debt wasn t bad enough, the plummeting London interbank ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...
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