Highly leveraged transaction

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Highly leveraged transaction (HLT)

Bank loan to a highly leveraged firm.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Highly Leveraged Transaction

A loan to a company or other institution that already has a high amount of debt. A highly leveraged transaction carries a great deal of risk and may increase the likelihood of bankruptcy. A highly leveraged transaction tends to command a large interest rate from the borrower.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
This is what bankers euphemistically call (the ones that call at all) a HLT, or a highly-leveraged transaction.
Part of the reason may be because the banks' appetite for highly-leveraged transactions continues to be slow, recently echoed by the BoE's latest lending report, tempting different types of investors to the market.
The company mostly deals with large, highly-leveraged transactions and has amassed over $12 billion in completed deals.