leveraged acquisition
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 7, 2025 by Howard Marks · across every show →
Everything said about leveraged acquisition, oldest first
Apr 7, 2025 bearish
Marks: Leveraged buyout math breaks down when borrowing costs hit 10%
“In the 20 teens, you could borrow money at six percent to do private equity deals. Now you have to pay it probably a nine to 10. Well, if you're going to buy a company and make 10 or 11% a year, you have to pay nine to 10% for the money, then a leveraged acqui…”