Today news
About the same in other media
Private equity firms pay themselves record sums with debt
Reading now: 686
fnlondon.comPrivate equity firms are taking advantage of a frothy credit market to pay themselves record sums with borrowed money, a controversial practice that critics say benefits buyout-firm executives but can harm portfolio companies.
Companies backed by US private-equity firms have taken on $58.5bn in dividend-recapitalisation debt this year through 20 October, S&P Global Market Intelligence's LCD unit said in response to a Wall Street Journal data request. That is more than levels of such debt for 2019 and 2020 combined. The previous...
Read more on fnlondon.comAbout this in other media
Bitcoin Hits All-Time High on Record US Inflation Figures cryptonews.com /3 years ago
UK buy now, pay later start-up quadruples valuation to $2 billion, plans U.S. expansion cnbc.com /3 years ago
Bitcoin Continues to Surge, Price Jumps to Record High After Crossing $68,000 blockchain.news /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
