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:

Anonymous 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.