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Discover LudwigExact(5)
Piling debt onto companies' balance-sheets is only a small part of what leveraged buy-outs are about, they insist.
SHARE options and buybacks are to the 1990s what leveraged buyouts were to the 1980s: the markets' favourite way of raising share prices.
It simply makes economic sense to substitute debt for equity, and that's what leveraged takeovers and levereage buyouts do.
Airline analysts award a valuation of 6.5 times enterprise value to the industry, but I'm closer to five, which is what leveraged industrials with a bankruptcy history go for.
It's easy to see how this kind of model can apply to insights beyond people, like if you're invited to speak at a Leveraged Finance conference and have nary a clue what leveraged finance is.
Similar(55)
What leverage do you have?
Q.: What leverage do we have?
For what leverage does Clegg have?
"I don't know what leverage he has," he added.
"What leverage do we have over Peru?"he asked.
I wonder what leverage they think they have.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com