New margin bonds to fund MA.

• Autores: Gemma Varriale
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article discusses the perceived potential of high-yield bonds for financing buyouts in the Asian mergers and acquisitions (MA) market. Topics explored include the significant interest of investors in high-risk investment products, the statement issued by Clifford Chance law firm partner Michael Dakin regarding the use of high-yield products in non-controlling acquisitions, and the willingness of European banks to extend covenant-lite loans to investors.