Private-equity boom fades as lenders retreat: Buyout firms struggle to finance deals without the cheap, plentiful debt that fueled outsize returns.

Autor: Daniels, Steve (AUTHOR)
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Zdroj: Crain's Chicago Business. 11/21/2022, Vol. 45 Issue 46, p1-1. 1p.
Abstrakt: CIBC's Hague forecasts a challenging next six months as audited financials for companies owned by private-equity firms are released, and covenants on some of those companies' debts are violated. And if the widely anticipated recession materializes, private-equity returns could come under more pressure as firms are forced to sell acquired companies at a lower price, or wait longer to cash out. [Extracted from the article]
Databáze: Regional Business News
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