Bring it on: nothing wrong with six times leverage, say voters
Syndicated loans bankers think that a facility leveraged six times Ebitda can pick up commitments if it is priced well, according to EuroWeek’s latest poll.
Many investors criticised the controversial possibility of offering financing of six times Ebitda in the deal backing Cinven’s £800m buyout of French healthcare group Sebia International — claiming the market was still too fragile.However, a slight majority (43%) of voters in the poll were unphased by this, ...
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