An LBO involves purchasing a company primarily with borrowed money, with the debt typically secured against the acquired company's assets. This approach allows investors to use less of their ...

The rust is coming off the gears of private equity's LBO machine. Leveraged buyouts accounted for 40% of US PE deals in 2008, but PE's bread-and-butter transaction type has given way to ...

Likewise, the sale of corporate bonds to fund the $16.5bn leveraged buyout of software company Citrix was described as “bloodbath” for the lenders by one banker involved in the deal.