Refinancings Take Off As Market Accomodates
February 14, 2012
Buyouts magazine recently noted that the leveraged loan market continues to show signs of stabilization, as portfolio companies find ways to borrow.
As Partner and Kaye Scholer Corporate Department Co-Chair Emanuel Cherney explained, “Because the debt finance window has opened up, you see sales at reasonable rates. Interest rates are low. It’s a favorable time to do refinancing and M&A.”