Leveraged buyouts in Central Europe and beyond

Vladimír Halás

Diplomová práce

Dluhove financovani transakci ve Stredni Evrope a dal

Abstract:

Paper concentrates on issues regarding Leveraged Buyout transactions. It briefly depicts most common structure of transactions and means of financing. Substantial space is dedicated to two main participants on leveraged buyouts; investment banks and private equity funds. Instead on focusing on thoroughly described financing of the acquisition via secured bank loans we dedicate space in the thesis to mezzanine finance and high yield bonds. Second part of the thesis analysis latest development in the two main and most active regions regarding mergers and acquisition activity (Europe and USA) and compares Central Europe with it. Although capital markets developed substantially over past decades they are still lagging significantly former.

Keywords

high yield bonds, private equity, mezzanine finance, leveraged buyouts

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 30. 1. 2007

Obhajoba závěrečné práce

• Obhajoba proběhla 7. 2. 2007
• Vedoucí: Petr Dvořák
• Oponent: Karel Janda

Vysoká škola ekonomická v Praze

Magisterský studijní program / obor:
Hospodářská politika a správa / Finance