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The problem with highly leveraged PE firms is that they can be forced into a firesale situation when their loans are called in or mature.  This may simply be a case of not having sufficient cashflow to keep the business ticking over, or needing the cash flow to pay back loans rather than progress the business.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jan 7th, 2009 at 08:08:23 PM EST

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