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

Leveraged Loans for Take-Overs and LBOs are Back

April 5, 2011

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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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