Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, July 24, 2007

Allison LBO Postponed

In another sign of difficult conditions in the debt-financing market, the LBO of Allison Transmission (a GM unit) to two private equity firms was postponed because of problems in selling the $3.1 billion in bonds to pay for the deal.  WSJ, GM's Allison Hits a Financing Snag.

http://lawprofessors.typepad.com/securities/2007/07/allison-lbo-pos.html

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