Private Equity Re-Gifting: The Debt Exchange

Times are tough for buyout firm-backed companies. The economy is in recession, slowing business and hurting earnings. The credit markets remain shut, making refinancing debt difficult at best. That leaves few options for companies who have debt coming due soon and need to refinance it, or who simply need to rework [more...]

Date: 2008-12-24 15:05:49

Blog posts (3) | Videos (3)
 

USC Lusk Center Says Commercial Real Estate Will Continue to Weaken and Markets Won’t Grow for Two Years

LOS ANGELES–(BUSINESS WIRE) ... to lenders this year because cash flows have declined and, more importantly, debt coming due cannot be refinanced while credit is scarce. “Borrowers can still avoid foreclosure with creative restructuring [more...]

Date: 2009-01-15 00:15:09

Sirius: NY Times Piece Paints Grim Picture of Debt Troubles

Today’s New York Times (NYT) business sections has a feature on Sirius XM Radio (SIRI) by Tim Arango and the travails it faces as it tries to refinance almost $1 billion in debt coming ... with Sirius CEO Mel Karmazin, who is philosophical about the difficulties of refinancing [more...]

Date: 2008-12-30 17:45:29

3 Results