18.06.2014 14:40:00
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Moody's: Post-Crisis Default Rates of PE-Sponsored and Non-Sponsored Companies Similar
New York, June 18, 2014 -- The high leverage common in big US private equity-backed buyouts before the financial crisis has not translated into disproportionately high default rates over the past six years, Moody's Investors Service says in a new report, "Defaults Contained in the Recession but Downgrades Continue Long After." The report examines 337 companies owned by the 14 largest private equity sponsors during 2008-13.