leveraged buyout

(redirected from Leveraged buy-out)
Also found in: Thesaurus, Financial, Encyclopedia.

lev·er·aged buyout

 (lĕv′ər-ĭjd, lĕv′rĭjd)
n. Abbr. LBO
The use of a target company's asset value to finance the debt incurred in acquiring the company.

leveraged buyout

(Banking & Finance) a takeover bid in which a small company makes use of its limited assets, and those of the usually larger target company, to raise the loans required to finance the takeover. Abbreviation: LBO

lev′eraged buy′out

the purchase of a company with borrowed money, using the company's assets as collateral, and often discharging the debt and realizing a profit by liquidating the company. Abbr.: LBO
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.leveraged buyout - a buyout using borrowed money; the target company's assets are usually security for the loan; "a leveraged buyout by upper management can be used to combat hostile takeover bids"
bust-up takeover - a leveraged buyout in which the target company's assets are sold to repay the loan that financed the takeover
buyout - acquisition of a company by purchasing a controlling percentage of its stock
References in periodicals archive ?
The leveraged buy-out that saw the Glazer family taKe over Manchester United has left the club with debts of pounds 514m and fans staging angry protests.
He showed his audience that in 2007 leveraged buy-out deals across Western Europe were worth around [ETH]140bn, but last year they came in at under [ETH]5bn.
leveraged buy-out firms and venture capital firms advising on fund formation, formation of alternative investment vehicles and advising on all aspects of international leveraged buy-outs and equity financing where the structure involves offshore jurisdictional advice.
The UK - the equity market has been affected by signs that the leveraged buy-out boom is over but the market appears to be stabilising.
The team of Cooper and Baker have handled some of the largest and most complex transactions in real estate investment banking, including most recently the leveraged buy-out of Bell Atlantic's real estate investment subsidiary and the formation of a private UPREIT as the successor company.
Proskauer's experience includes: public and private mergers and acquisitions; public securities offerings, including IPOs; venture capital and fund transactions, including formation of private equity funds and leveraged buy-out funds, and investments by institutional and private investors; private placement of securities and private financing; and leveraged buy-outs and structured finance.
Opus' Merchant Banking division focuses on providing capital and advisory solutions to middle market companies for mergers & acquisitions, growth capital, leveraged buy-outs, recapitalisations, and balance sheet restructurings.
His practice focuses on private equity-backed leveraged buy-outs, management buy-outs/buy-ins, public bids, corporate M&A and recapitalizations.
Previously, he was employed in the commercial banking industry, where he focused primarily on leveraged buy-outs.
Venture capital and private equity industry - introduction" is a three-day course that focuses on the key aspects of venture capital transactions and leveraged buy-outs (LBOs).
Deidre routinely represents buyers, shareholders and sellers in financial and strategic acquisitions of all types from leveraged buy-outs, stock acquisitions, joint venture formations and public takeovers to licensing transactions and co-development/co-promotion agreements.
and European financings covering acquisitions, leveraged buy-outs, fund financing, real estate financing and asset-based loans.