leverage.01
frames- -LRB- [ARG0 Few , if any , index-fund managers] will risk *-1 [rel leveraging] [ARG1 performance] by *-1 owning more than 100 % exposure to stocks , and equally few will want *-2 to own less than a 100 % position should stocks rise . -RRB-
- The Chicago-based food and consumer goods concern was acquired *-1 in April 1986 in a $ 6.2 billion *U* [rel leveraged] [ARG1 buy-out] engineered * by Kohlberg Kravis Roberts & Co .
- Concerning your Sept. 29 article `` Retailers Face Cutbacks , Uncertain Future '' : The outcome of our [rel leveraged] [ARG1 buyout] is looking very positive .
- Revco reacted cautiously , *-1 saying 0 the plan would add $ 260 million *U* of new debt to the [ARGM-EXT highly] [rel leveraged] [ARG1 company] .
- Its problem , they say *T*-1 , is that management paid too much in the [rel leveraged] [ARG1 buy-out] and the current $ 515 million *U* debt load is keeping Revco in the red .
- It *EXP*-1 was Revco 's huge debt from its $ 1.3 billion *U* [rel leveraged] [ARG1 buy-out] [ARGM-TMP in 1986] that *T*-2 forced it to seek protection under Chapter 11 of the federal Bankruptcy Code .
- Moody 's Investors Service Inc. said 0 it lowered ratings on long-term debt of CS First Boston Inc. , the holding company of Wall Street giant First Boston Corp. , because of First Boston 's `` aggressive merchant banking risk '' in [ARGM-EXT highly] [rel leveraged] [ARG1 takeovers] .
- First Boston 's merchant banking risks mounted last month as [ARGM-EXT highly] [rel leveraged] [ARG1 Campeau] Corp. , First Boston 's most lucrative client of the decade , was hit *-4 by a cash squeeze and the high-risk junk bond market tumbled .
- Takeover enthusiasm may have been renewed *-1 when an investor group disclosed yesterday that it had obtained all the financing required * * to complete its $ 1.6 billion *U* [rel leveraged] [ARG1 buy-out] of American Medical International *T*-2 .
- Specifically , he pointed out that compared with the U.S. market , the U.K. has far fewer [ARGM-EXT highly] [rel leveraged] [ARG1 junk-bond] financings .
- But two big New York banks seem *-1 to have kicked those chances away , for the moment , with the embarrassing failure *ICH*-2 of Citicorp and Chase Manhattan Corp. * to deliver $ 7.2 billion *U* in bank financing for a [rel leveraged] [ARG1 buy-out] of United Airlines parent UAL Corp .
- Those expanded powers reached their zenith in July when Bankers Trust New York Corp. provided mergers advice , an equity investment and bank loans for the $ 3.65 billion *U* [rel leveraged] [ARG1 buy-out] of Northwest Airlines parent NWA Inc *T*-1 .
- The House Aviation Subcommittee approved a bill that *T*-1 would give the transportation secretary authority * to review and approve [rel leveraged] [ARG1 buy-outs] of major U.S. airlines .
- The bill is aimed *-1 at * addressing the concern that an airline might sacrifice costly safety measures *-2 to pay off the debt incurred * in a [rel leveraged] [ARG1 buy-out] .
- The national economic interests are much better served *-1 * allowing the private interests of bankers and investors be the ultimate judges of the investment quality of various LBO deals and [rel leveraged] [ARG1 restructurings] .
- `` Markets in this region are n't so geared *-1 to [rel leveraged] [ARG1 buy-outs] , and their economies generally are in good shape , but there 's no doubt that Asia is still following America 's lead . ''
- [rel Leveraged] [ARG1 buy-outs] of airlines would be subject to approval by the transportation secretary under a bill passed * by a House subcommittee .