Monday, July 23, 2007

DealTalk: KKR plays hard ball and Wall St. winces

(Reuters) - KKR, with four major buyout deals in the debt pipeline, is
refusing to budge on lending terms agreed to with investment
banks, even as debt investors show a weakening appetite.




That tough stance amid shaky debt markets means banks will
have to shoulder all the risk and perhaps take significant
losses on the massive loans.


Read more at Reuters.com Mergers News

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