All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging Markets

Kabel BW leads the way for high yield LBO funding

Kabel BW’s high yield bond was a landmark in more ways than one. Not only was it the company’s debut in the bond markets and the largest European high yield bond so far this year, but it was also a rare example of a high yield bond financed LBO — and with a challenging leverage multiple to boot. For the borrower, flexibility was the main attraction, as Stefanie Linhardt reports.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree