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

Stocks are the new bonds

18 August 2009

Bankers hope this year s rally in equity markets will tempt buyout shops to float their companies. But while banks may feast on fees, IPOs may not work out as LBO firms expect. Investors have the whip hand in pricing highly leveraged firms with few refinancing options.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)