Slide Show: Developments Among Industry's Largest LBOs
Sponsor-backed industrial giants have been busy in 2011. sister publication Buyouts finds. Three of the largest LBO deals went public again since the first of the year, while others have taken advantage of easy credit conditions to extend debt maturities. Even the troubled Energy Future Holdings Co., facing a claim by a creditor of a techincal default, was able to extend the maturities on $17.8 billion in debt. A word about our methodology: Our list of biggest deals is derived from a Thomson Reuters database of private equity deals. We chose the largest buyout deals of U.S. companies that file quarterly statements with the SEC. We excluded foreign companies, deals that were predominantly about the real estate, companies that no longer have private equity sponsors (as a result of IPOs or strategic sales) and those that do not file 10-Ks. Here is a roundup of recent developments, based on regulatory filings, company announcements and news reports.
