senior debt
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Apr 27, 2023 by Aaron Sack · across every show →
Everything said about senior debt, oldest first
Apr 27, 2023 neutral
Sack: Morgan Stanley PE's recent deal used senior debt at around 3x EBITDA
“So the financing was there. It was interested. It was constructive, but it was senior only through something like three-ish Turns of EBITDA, not seven or eight or nine or whatever people out there reading about private equity think we do, and we put a lot of o…”