Losing Britax LBO bidder offered 5.8 times leverage
EuroWeek has learnt that one of the final four bidders in the LBO of child car safety seat maker Britax was offering a deal that would have left senior and mezzanine leverage at 5.8 times. Senior leverage would have been five times, still substantially above the 4.5 times all-senior leverage offered by the winning bid.
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