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CNN Money: The next generation of pre-IPO financing? October 23, 2012
Buyout firms have a new strategy for reducing portfolio company debt.
FORTUNE -- I recently wrote about private equity's golden hangover, or the glut of large-cap companies that remain in PE portfolios after being acquired between 2005 and 2008. Conventional wisdom is that many of these companies are planning 2013 IPOs, but such offerings can face serious challenges. Namely, that capital raise targets are tied tightly to debt repayment.
Here's what I mean: read more on CNN Money
Keywords: IPO, Private Equity Leverage, IPO to Repay Leverage