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Catchword for “pre-baked”
Catchword: pre-baked
Filed under:
Part of speech: adj.
Quotation: Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers a financing package for the buyer of the business being sold. In other words, as part of the auction, a pre-baked financing package is “stapled” to the target company and sanctioned by the seller.
Article or document title:
“Successfully Managing Private Equity Conflicts Of Interest” (URL)
Author:
Stuart Mills
Article, document, publication, web site:
CapitalEyes
Dateline:
Bank of America
Date of publication:
Aug., 2004
This catchword has yet to be researched.
Posted 20 Jun 06 | Permalink | Tell a Friend

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