Investors are asking for tightened restricted payments capabilities so that the borrower can’t funnel anywhere near as much or maybe any money out to equity investors before they start repaying the debt. John Fraser More Quotes by John Fraser More Quotes From John Fraser Retail investment is flat, with reinvested interest offsetting modest outflows. John Fraser company-news There’s been little in the way of traditional LBO (leveraged buyout) activity, and what little there has been in the way of new money new issuance has been corporate to corporate activity, m&A activity is approaching record levels, exceeding the 2007 pace, so there are lots of deals happening but unfortunately they are at price points where most of the private equity sponsor community really can’t compete. John Fraser money Better quality issuers are still able to reprice loans and do it relatively easily. John Fraser money
