Tuesday, April 29, 2008

Why do you have LBO Credit Seminar in ....

Beverly Hills?


==============================

Apollo's Black Says Markets `Well on Way' to Health (Update1)
2008-04-29 13:39 (New York)

(Adds debt backlog in third paragraph.)
By Jason Kelly
April 29 (Bloomberg) -- Apollo Management LP founder Leon
Black said investment banks have pared their backlog of debt
committed to leveraged buyouts and will resume funding deals
this year.
``We're well on our way'' to a credit-market recovery,
Black said during a panel discussion in
Beverly Hills,
California
. As more LBO debt is sold off in the next six months,
``the banks will be in business again.''

2 comments:

Ivan Boesky said...

cmon man

are you speaking about the milken conference

he financed all these guys back in the day

always based in beverly hills

MTGSPY said...

Hah! We got a celebrity :)
Welcome.