KKR delays a software take-private after lenders ask for a wider OID
The LBO machine still works. The terms are a negotiation again, not a memory of 2021.
Finance Reporter
Downtown financial district towers
NEW YORK — The LBO machine still works. The terms are a negotiation again, not a memory of 2021.
People familiar with the syndication said the hold was about original-issue discount and a tighter free-and-clear basket, not about the quality of the recurring revenue.
Priya Nair
Finance Reporter
Writes on banks, private credit, and the regulatory perimeter around nonbank lenders.
