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Aug
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Corporate loans from the LBO peak of 2005-2007 coming to maturity in the hundreds of billions over the next few years. In the meantime the securitization machine, in the form of CLOs (collateralized loan obligations), has come to halt. Probably LBO sponsors will try to refinance those loans by issuing corporate bonds, albeit at a much higher cost of capital.

Corporate loans from the LBO peak of 2005-2007 coming to maturity in the hundreds of billions over the next few years. In the meantime the securitization machine, in the form of CLOs (collateralized loan obligations), has come to halt. Probably LBO sponsors will try to refinance those loans by issuing corporate bonds, albeit at a much higher cost of capital.

Tags: private equity   finance   lbo   corporate loan  
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