Find A Financial Institution That Treasures Your Company

Working with clients, talking with bankers and everyone in between – the themes are all the same. Financings are getting done but deals need to be airtight. The WSJ journal reported an article about KKR’s buyout of Oriental brewing. It notes two things that are common and recurring themes: 1) Banks are providing capital at lower leverage multiples (which means the amount of debt relative to cash flow is down) and 2) only good or ‘airtight’ deals are getting done. What’s interesting not a good opportunity for one bank may be ‘airtight’ for another. As an example, I’ve been told […]

Banks Getting Tought On Line Of Credit Provisions

Working with clients, talking with bankers and everyone in between – the themes are all the same. Financings are getting done but deals need to be airtight. The WSJ journal reported an article about KKR’s buyout of Oriental brewing. It notes two things that are common and recurring themes: 1) Banks are providing capital at lower leverage multiples (which means the amount of debt relative to cash flow is down) and 2) only good or ‘airtight’ deals are getting done. What’s interesting not a good opportunity for one bank may be ‘airtight’ for another. As an example, I’ve been told […]