European, Topical: Purchase price multiples creep up, while M&A outlook sags with vendors willing to wait for higher returns |
| August 20, 2012 | August 2012 Bond Updates |
|
The persistent imbalance between the volume of cash coming into the leveraged loan market and the availability of new deals to absorb that cash continues to generate a healthy technical bid for assets. Starting with the fourth quarter of 2008, TLB/TLC/second-lien new issuance has lagged repayments out of the S&P |
| View more at: http://www.forbes.com/sites/spleverage/2012/08/20/european-topical-purchase-price-multiples-creep-up-while-ma-outlook-sags-with-vendors-willing-to-wait-for-higher-returns/ |
| Related News |