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

Floating bridges

29 January 2007

Several new loans designed to fund dividends to LBO shops have the option to pay interest in cash or in kind. They are extremely risky. So bankers are courting lenders with provisions that spur the borrowers to repay the loans quickly, most likely with proceeds from IPOs.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)