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Consistent cash flow.
To pay off the debt, they need a consistent cash flow.
Cincinnati's centralized system was championed by Michael Vanderburgh, the archdiocese's stewardship director, who was looking for more consistent cash flow and a means to accommodate younger parishioners.
Valeant pursued Allergan not as an ongoing pharmaceutical firm but as a one product cash cow whose Botox drug would produce a consistent cash flow.
"The management of USA Waste has shown an excellent ability to control costs and to generate consistent earnings growth and consistent cash flow growth," he said.
"If the loan is all risk and you don't yet have consistent cash flow or any cash flow at all, you are crazy".
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For GS Capital Partners 2000, the acquisition of Berry Plastics fits neatly into its portfolio of industrial businesses with consistent cash flows.
Infrastructure projects like power plants and dams were very large capital investments that could generate long term consistent cash flows, but their financing and delivery involved multiple risks and uncertainties.
Not surprisingly, given its huge installed customer base, the company generates massive and consistent cash flows.
While there are concerns about declining ad revenues across the media industry, Cumulus, which owns primarily middle-market and rural stations, has had very consistent cash flows.
It also gives water utilities a consistent cash-flow for operation and maintenance costs, as well as technical training for employees and availability of spare parts to minimize disruption in water supply.
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