Cerberus, Apollo LBO Deals Most Distressed, Moody’s Says

Leveraged buyout deals sponsored Apollo and Cerberus Capital have shown the highest rate of defaults and distress, according to a report by Moody’s Investors Service.

  • 05 Nov 2009

--Libby Sallaberry

Leveraged buyout deals sponsored Apollo and Cerberus Capital have shown the highest rate of defaults and distress, according to a report by Moody’s Investors Service. Roughly two-thirds of leveraged buyout deals by both firms are either in distress or default, the report said. John Rogers, a Moody’s ...

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