high-yield financing

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High-Yield Financing

The act of financing an activity or broader operation through the issue of junk bonds. These bonds have low credit ratings and have comparatively high risk. As a result, the issuer must pay higher interest rates. High-yield financing is used in some takeover situations where the acquiring company is cash poor.

high-yield financing

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The event, which will be held in Luxembourg, will bring together investment fund professionals, bankers corporates and industry practitioners to discuss Sukuk issuance and ways of promoting the Sukuk market as well as the emergence of Islamic high yield financing as an alternative.
6 billion, including mergers and acquisitions of public and private companies, asset sales, equity financing, high yield financing and bank financing.
Emma Capital on the 712 million acquisition by Emma Delta of a controlling stake in Greek gaming monopoly, OPAP, and on the groundbreaking 400 million high yield financing the first known instance where high yield notes were used to finance the purchase of a non-majority stake in a publicly listed company.
We also look forward to working with CIT to bring equity and high yield financing to their substantial base of clients.
Most recently he served as a Director for Credit Suisse where he successfully closed in excess of 30 transactions across North America and Europe, totaling more than $30 billion in capital raised, including the largest high yield financing in history and the largest holding company dividend loan in history.
Bob brings extensive experience in high yield sales, trading and origination to Bank of America's platform, and we look forward to leveraging his talent and expertise as we continue to provide our clients with innovative high yield financing solutions," said Meyer.
6x what the company originally required and the offering had the most favorable pricing that Eschelon has achieved in the past two years of its high yield financing efforts.
Hughes indicated that, after discussions with his advisors, he has concluded that difficult conditions in the credit markets, in particular the high yield financing market, have made it impracticable to obtain financing for this transaction on reasonably acceptable terms.
Prior to leading AT&T Broadband's New England Region, Grain was at Morgan Stanley in New York, where he focused on mergers & acquisitions, corporate finance and high yield financing.
He indicated that difficult conditions in the credit markets, in particular the high yield financing market, have delayed, and may require a restructuring of, the planned financing.
Ron Chaimowitz, Chairman and Chief Executive Officer said: "GT's decision to pursue a high yield financing has always been driven by the economics of such an offering.
The transaction, as well as the refinancing of Collins & Aikman's existing credit facilities, is expected to be financed through $700 million of committed senior secured credit facilities and a $325 million high yield financing.