Quote:
Originally Posted by joshuanip
At first blush, their steady cash flow business and upside to market share reversion makes it a great candidate to stuff with mezzanine debt...sell off the higher tranches and retain the equity for a reipo down the road.
Financial engineering cookbook to meet hurdles and get that carry...
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Oh, this will definitely be re-IPO'd. 3, 5 years? Think what they are working on needs to be done in a private setting. They'll see value from it in a few years.