Domino's in ‘groundbreaking' private equity defence

US-listed food delivery company Domino's Pizza is set to agree a groundbreaking debt package in a bid to stay public by using private equity financing techniques.

Domino's will borrow $1.85bn (€1.4bn) by effectively securitising its brand name. This will replace the existing $274m of debt and take its borrowing to about seven times its 2006 earnings before interest, tax, depreciation and amortisation.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire