transactions are underwritten with reliance on the imputed value of a business ("enterprise value"), which often exhibits a high degree of volatility.
TRA 86 also contains provisions to curb the systematic borrowing from life insurance policies to pay premiums, the cornerstone of leveraged
Banks and securities firms have demanded more information and tightened their credit terms, especially vis-a-vis highly leveraged
company is no longer playing to the constituency of analysts, institutional investors, or stockholders - and this frees management to produce cash flow to meet the capital requirements of its core business as well as its debt service.
McCann brings to Jefferies more than 14 years of leveraged
The types of oversight under discussion include proposals intended to provide creditors, investors, or the general public with additional information on risk-taking by highly leveraged
Robleski joined Heller in 1983 and has held positions of increasing responsibility within the Midwest Division of the Leveraged
In June 2009, the Financial Industry Regulatory Authority (FINRA) published Regulatory Notice 09-31, entitled "Non-Traditional ETFs, FINRA Reminds Firms of Sales Practice Obligations Relating to Leveraged
and Inverse Exchange-Traded Funds," declaring that leveraged
ETFs and inverse leveraged
ETFs "typically are not suitable for retail investors who plan to hold them for more than one trading session, particularly in volatile markets.
It is now much easier than it used to be to mobilize tremendous sums of debt capital for leveraged
purchases of firms.
By a sizable margin, aggressive use of proceeds was ranked as the biggest risk facing the leveraged
Fitch believes the leveraged
loan market will likely remain attractive to investors drawn to the generally secured nature of the loans.
loan market became more firmly established as an integral component of highly leveraged
capital structures, as evidenced by the following statistics: Second-lien loan issuance in 2006 is estimated at $29.