April 22 - Financial News (U.S.) - Financing terms for the majority of mergers and acquisitions in the US have remained unchanged despite the onset of the global credit crunch last year, which severely dented the lending capacity of many banks.
According to a survey on M&A trends in the US, commissioned by law firm Nixon Peabody, 61% of respondents said they had experienced no revisions to the terms on offer to them despite the credit crunch.
The survey of 104 corporate executive and private equity practitioners found that banks have not been walking away from financing commitments given to companies and buyout firms that have been involved in deal making in the last year. Read More.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment