Toys “R” Us’s debt ratios returned to levels last seen following its $6.6 billion leveraged buyout in 2005, underscoring heightened concern among investors that the retailer may not be able to recover from its biggest loss in nearly three decades.
The Bain Capital LLC consortium that bought BMC Software Inc. in a $6.7 billion September leveraged buyout is wasting no time extracting cash from the computer-network software maker after sales declined.
BMC Software Inc. raised $750 million of debt to pay a dividend to shareholders including Bain Capital LLC seven months after they acquired the provider of software that runs corporate computer networks.
Slovenia is seeking bids for a majority stake in Telekom Slovenije d.d., the most valuable of 15 companies the government wants to sell and raise cash after a 3.2 billion-euro ($4.4 billion) bank bailout.
Advent International Corp. and Bain Capital LLC, two Boston-based buyout firms, and Danish pension fund ATP agreed to buy Nordic card-payment company Nets Holding A/S for 17 billion kroner ($3.1 billion).