Debt providers are optimistic about an upturn in the leverage buy-out market in 2002, predicting an increase in the number of completed deals and a "deal bonanza" in the second half of next year, according to a new report.
A survey from Ernst & Young, the consulting and accountancy firm, interviewed 18 lenders from European and US banks based in the UK. It looked at the negative impact on the leveraged buy-out market of uncertainty in the loan market following the September 11 attacks in the US.
