Tuesday, 03 July 2007

RPT-Buyout head likens subprime woes to private equity

(Reuters) - LONDON, July 3 - Debt financing for leveraged
buyouts could be on the verge of drying up, a senior UK private
equity executive warned on Tuesday, drawing parallels to the
collapse of the U.S. subprime mortgage market.




"It could be very close. It could be a year or two forward.
It's very hard to call," said Jon Moulton, the managing partner
of buyout firm Alchemy, in remarks to a Treasury committee
investigating the private equity industry. "It is near future."


Read more at Reuters.com Bonds News

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