The New Normal In Acquisition Finance Commitments

Law360, New York (August 26, 2010, 3:35 PM EDT) -- It has been three years since rumblings of syndication difficulties in bank loans and high-yield bonds presaged the credit crisis and just under two years since Lehman Brothers’ dramatic collapse and the virtual shutdown of the global credit markets.

Now, as “green shoots” begin to emerge in the acquisition finance market, it is becoming clear that while some of the most aggressive terms that prevailed in the heady froth of the recent peak did not survive the downturn (or, at least, are yet to peek up...
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