Talking Deal Prices with Steve Gelsi: KKR cuts First Data's debt-to-EBITDA ratio
Kohlberg Kravis Roberts & Co’s move to shore up First Data Corp’s balance sheet with $3.5 billion makes one of the largest LBOs in history a bit less pricey on a debt-to-EBITDA level. It also may help avoid sticker shock in an initial public offering or other exit of the payment processing giant.
24 June 2014•2 mins read
