Debt Covenant Breach: Case Study of Two Real Companies
Debt covenant breach in M&A is rising and matters for deal execution and post-close value. I’ve watched 2025 tighten capital… Read More »Debt Covenant Breach: Case Study of Two Real Companies
debt
Debt Pushdown in M&A: Case Study of Exxon and Chevron?
Debt pushdown in M&A shapes how buyers structure leverage and protect cash flow, especially as private credit serves as the… Read More »Debt Pushdown in M&A: Case Study of Exxon and Chevron?
Senior Secured Notes in M&A: Case Study 2024–25
Senior secured notes dominated large-cap M&A financing in 2024-2025, with typical issuance sizes of $1B+ in major deals and global… Read More »Senior Secured Notes in M&A: Case Study 2024–25
Subordinated Debt in M&A: Case Study 2 Firms
Subordinated debt in M&A isn’t a footnote. It has become a core tool for risk allocation, balance sheet shaping, and… Read More »Subordinated Debt in M&A: Case Study 2 Firms
Leveraged Recapitalization: Case Study Between Real Companies
Leveraged recapitalization in M&A is used more often to push value, not just to park capital. In 2025, U.S. leveraged-recap… Read More »Leveraged Recapitalization: Case Study Between Real Companies
Acquisition Line of Credit: 2025 Case Study
Global volumes reach $3.8 trillion, up 24% year over year, as buyers rely on private credit for speed, structure, and… Read More »Acquisition Line of Credit: 2025 Case Study
Staple Financing in M&A: Case Study Elements
The first time I looked at staple financing (pre-arranged debt package offered to bidders in M&A auctions), it was clear:… Read More »Staple Financing in M&A: Case Study Elements