Yell’s £2.14bn LBO set to test leveraged loan mart

June 01, 2001 12:00 am

Leveraged loan market investors are awaiting the largest ever leveraged buy-out in the European market after Apax Partners and Hicks, Muse, Tate&Furst announced their £2.14bn acquisition of telephone directory company Yell from British Telecom (BT) this week.

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