Average leverage reaches 5.75x

Leverage multiples for large European buyouts have risen to their highest point since the pre-Lehman market peak.

Leverage multiples for large European buyouts have reached a new five-year peak, according to Thomson Reuters.

The average total leverage multiple reached 5.75x on large buyouts (those with debt packages in excess of €500 million) in the second quarter, Thomson Reuters said. It was the highest quarterly average since Q1 in 2008 when they reached 6.08x,

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