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In December it announced its leveraged buyout of the British Abbot Group for $1.8 billion — the biggest ever buyout of a drilling company.
Since then, demand for its products from Motorola, its onetime parent company, and from automakers has fallen, and it is coping with the debt added after its leveraged buyout.
Deutsche Bank said Wednesday that it would write down 700 million euros ($988 million) in the value of its leveraged loan portfolio and 1.5 billion euros ($2.12 billion) on the value of assets, including mortgage-backed securities.
To help cover its losses, Amaranth also sold a big chunk of its leveraged loans.
According to the company's prospectus, the restaurant operator initially struggled after its leveraged buyout.
That included a $247 million hit after its leveraged loans dropped in value.
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It leveraged its B Corp principles to educate and sway suppliers.
Tech Town shared how it leveraged its high-tech incubator in Mid-Town to provide business support and investment in seven surrounding, poorer neighborhoods.
K.K.R. has worked on diversifying its business mix as well, including raising $3.2 billion for energy and infrastructure Since becoming a public company, K.K.R. has focused on building up its operations outside of its core leveraged buyout business.
For three weeks, it struggled to meet margin calls on its highly leveraged portfolio of mortgages and mortgage securities, but said nothing to its public shareholders.
Dell may be promoting its $24.4 billion leveraged buyout as the next step in its turnaround plan.
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