Browsing All Posts published on »April 5th, 2011«

Leveraged Loans for Take-Overs and LBOs are Back

April 5, 2011


Banks have again started to provide large bridge financings for deals, and in some case keep all of the lending business for themselves rather than spread the risk over a syndicate, an indication of just how competitive the world of corporate and commercial lending is becoming. Take for example the JPMorganChase $20 billion unsecured bridge loan to fund AT&T's $39 billion purchase of T-Mobile USA from Deutsche Telekom.


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