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- LBOs enter the mainstream
The European LBO pipeline is building up, warn bankers. Although LBOs made up 10 per cent of total deal volume in the first quarter, the reluctance of institutionals to embrace this type of deal is limiting liquidity. Euroweek reports.
- Messer buy-out refinancing produces E400m junk bond
High yield is to play an important role in the refinancing of Messer Griesheim’s LBO from Aventis earlier this year.
- LBOs on the up
Continental restructuring has boosted Europe’s LBO market by almost double over the last six months.