As a result, Germany's banks are today the most highly leveraged of any of the major advanced economies, a massive two and a half times more leveraged than their U.S. banking peers, according to the I.M.F.
Hence the leverage in leveraged buyouts, redeployments of capital.
OTTAWA — With the record-setting $50 billion leveraged buyout of Bell Canada all over except for the potential litigation, the company, Canada's largest telecommunications company, once again faces a possibly bigger issue: reversing the seemingly relentless decline of its business.
JPMorgan's investment bank, a leader in leveraged lending, took a $1.3 billion hit on the value of leveraged loans, but almost all of the players in that business did also.
Widespread demand of miniaturization and variety of material choices from all facets of engineering applications leveraged the development of various tool-based micromachining technologies at par with semiconductor-based processing technologies.
Thats 96% of all leveraged loans and 59% of the entire junk-bond index, CreditSights says.
Their skyhigh valuations have attracted a rush of new investors, everyone from fund managers to leveraged buyout firms (LBOs), all of whom are hoping to get an early piece of the next Juniper or Akamai.
Therefore, when there are no specific risks, all asset prices move together and are therefore just leveraged 'copies' of one other.
In 1996, Goldman led a leveraged buyout of AMF.
