Leveraged buy-out deals are increasing in size, but easy access to debt is creating a 'seller's market'
March 29, 2006 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The latest debt-led acquisition finance deal to hit the market has seen Ashurst’s busy team advising Barclays Capital on its £1.85bn leveraged re-capitalisation of the Automobile Association (AA).
Finance partners Martyn Rogers and Jane Fissenden led on the deal, which follows on from the buy-out of the AA by CVC and Permira in 2004.
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