Banks still tough on buyouts

Banks still tough on buyouts

There are 1 comment on the Chicago Tribune story from May 19, 2008, titled Banks still tough on buyouts. In it, Chicago Tribune reports that:

From $20 billion deals to $200 million ones, banks that are financing private-equity transactions continue to more closely scrutinize terms of leveraged buyouts.

Join the discussion below, or Read more at Chicago Tribune.

the non comformer

Gatineau, Canada

#1 May 20, 2008
Someone in fairness should tell the Ontario teacher's association what a real bad Investment Bell now is still too.

The banks must have been reading my reports on how baD Bell really is as posted on many internet sites..

The lenders, who have grown nervous by the extent of their financial commitments in this uncertain credit environment, adopted more aggressive negotiating tactics on Friday, and began pushing the buyers to reduce the purchase price and agree to more favourable interest rates on the loans, according to people familiar with the matter. With only weeks to go before the deal is slated to close, the friction between the banks, led by Citigroup Inc., and the acquirers, led by the Ontario Teachers' Pension Plan, has fuelled concerns that the record buyout could fall apart. Someone in fairness should tell the Ontario teacher's association what a real bad Investment Bell now is still too.

BCE buyout in trouble, banks seek new terms-report
Reuters - 12 hours ago
PHILADELPHIA, May 19 (Reuters)- The $34.8 billion (C$34.8 billion) buyout of BCE Inc (BCE.TO: Quote, Profile, Research) is in trouble as investment banks ...
Toronto stocks seen mixed as resources, BCE offset Reuters UK
BCE pounded as trading resumes in Toronto
UPDATE 1-BCE rebounds from NY drop, but questions linger Reuters
Reuters - Reuters
all 99 news articles ยป

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