We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Governance-lite equity

26 March 2007

Private equity firms have squeezed creditors by issuing paymentinkind and covenantlite loans. Blackstone is doing the same to investors in its IPO, who will likewise enjoy few of the protections traditionally afforded shareholders.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)