Debt: not just a dirty word

Private equity groups are grappling with the issue of how to extend existing loans and source new ones in a macroeconomic environment that changes from week to week

Debt may be a dirty word these days. But for private equity firms, it should be front and centre in their thinking this year.

First, there’s the small matter of about €70 billion of leveraged loans in Europe alone that will mature by 2015, according to Standard & Poor’s estimates.

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