leverage up

Leverage Up

To increase a firm's amount of debt. In general, a firm leverages up by issuing a bond, often in order to finance an expansion of operations. A publicly-traded company may leverage up to repurchase its own stock, which usually increases the share price; this was a relatively common way to discourage hostile takeovers in the 1980s.

leverage up

To increase the portion of debt in a firm's capital structure by issuing debt and using the proceeds to repurchase stock or by financing any new expansion through debt. In the mid-1980s, firms decided to leverage up in an attempt to improve the market price of their stock, thereby fending off takeover attempts.
References in periodicals archive ?
Personalized consulting, enabling customers to leverage UPS s services and tools to expand their business.
His knowledge and differentiation of sector needs has contributed to UPS strategy for configured solutions that leverage UPS package and freight transportation expertise with value-added services and distribution facility infrastructure.
This enables them to further leverage UPS technology capabilities to improve customer service and reduce costs.
UPS Smart Pickup is one of three Enhanced Pickup Options that leverage UPS technology to provide more flexible, personalized customer service.
UPS provides valuable services to pharmaceutical biotech, medical device and medical equipment companies with solutions that leverage UPS transportation networks, facilities, IT, distribution, inventory management, visibility and regulatory compliance capabilities.
Other UPS companies, including UPS e-Ventures, will leverage UPS Capital's EBPP product as part of UPS's strategic mission to enable global commerce.