Leveraged Buyouts — Der Begriff fremdfinanzierte Übernahme oder englisch Leveraged Buy out (LBO) bezeichnet die Akquisition eines Unternehmens unter Einbezug eines großen Anteils an Fremdkapital zur Begleichung des Kaufpreises. Typischerweise erfolgt die… … Deutsch Wikipedia
leveraged — USA In the context of finance, the relationship of debt to equity in a borrower s capital structure. The higher the borrower s debt, the more highly leveraged a borrower is said to be. In practice, the term “leveraged” is used when the amount of… … Law dictionary
Leveraged buyout — A leveraged buyout (or LBO, or highly leveraged transaction (HLT), or bootstrap transaction) occurs when a financial sponsor acquires a controlling interest in a company s equity and where a significant percentage of the purchase price is… … Wikipedia
Leveraged Buyout - LBO — The acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition. Often, the assets of the company being acquired are used as collateral for the loans in addition to the assets of… … Investment dictionary
leveraged buyout — Corporate acquisitions in which the acquiring company borrows most or all of the funds needed to finance the purchase. In a typical leveraged buyout, the buyer intends to repay the finance debt from funds gained from either the sale of assets… … Financial and business terms
leveraged buyout — UK [ˌliːvərɪdʒd ˈbaɪaʊt] / US [ˌlev(ə)rɪdʒd ˈbaɪaʊt] noun [countable] Word forms leveraged buyout : singular leveraged buyout plural leveraged buyouts business a way of taking control of a company by buying its shares using borrowed money, with… … English dictionary
leveraged — involving excessive borrowing Especially where a predator takes over a corporation incurring debt which he hopes to service or repay out of the victim s assets: Anyway, this investment banker specializes in leveraged buyouts ; it s the… … How not to say what you mean: A dictionary of euphemisms
leveraged buyout — LBO The acquisition of one company by another through the use of borrowed funds. The intention is that the loans will be repaid from the cash flow of the acquired company. In the 1980s many takeovers in the USA were financed by the issue of junk… … Accounting dictionary
leveraged buy-out — LBO The acquisition of one company by another through the use of borrowed funds. The intention is that the loans will be repaid from the cash flow of the acquired company. In the 1980s many takeovers in the USA were financed by the issue of junk… … Big dictionary of business and management
Highly Leveraged Transaction - HLT — A bank loan to a highly leveraged company. HLTs can be thought of as similar to junk bonds as they both face default risk, but HLTs are more secure and have stronger debt covenants due to their structure. HLT guidelines are set out by the U.S.… … Investment dictionary
ЛЕВЕРЕДЖ КАК СРЕДСТВО ВЫКУПА АКТИВОВ КОМПАНИИ — LEVERAGED BUYOUTСпособ установления контроля над компанией путем кредитования под залог ее активов, что обычно затем требует продажи активов для покрытия долга. В этой операции обычно участвует рейдер , стремящийся расширить свой фин. или… … Энциклопедия банковского дела и финансов