Thursday, June 28, 2007

Dollar General becomes latest to revamp LBO debt

(Reuters) - NEW YORK, June 28 - Dollar General Corp. restructured a debt sale to finance its leveraged buyout on Thursday, as high-yield debt investors continued to push back at what they view as terms that favor issuers.



Certain LBO financing deals in the pipeline are also likely to meet resistance, but with higher prices and with modifications to covenants and structures the deals are still likely to attract demand, analysts said.


Read more at Reuters.com Bonds News

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