Kinetic Concepts And The Largest LBO Support Bond For Two Years

The largest leveraged buyout (LBo) to be announced since lender Lehman Brothers Holdings folded back in 2008 has taken a step closer to completion. On October 10, US-based medical devices firm Kinetic Concepts (KCI) announced a debt package which is set to be the biggest speculative-grade debt offering for ten weeks and the largest bond to support an LBo since back in 2009.

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