AltAssets | PE-backed European Consumer Companies Close to Breaching Debt Covenants
Originally published by AltAssets on May 7, 2021.
Consumer companies’ average EBITDA leverage levels from January to March were at 6.7x, with just 4% headroom available before breaching lenders’ covenants, Lincoln said, citing its database of more than 260 mid-cap UK and EU based PE-owned companies. Click here to view the full article.
Summary
- Lincoln International shares insights from its Q1 2021 European private company valuation analysis.
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