Structuring a Successful Leveraged Buyout Transaction

This 14-page research report written for executive officers and their attorneys features strategies for completing a leveraged buyout transaction. The report, written to include the role of both buyer and seller, covers the process of preparing for a leveraged buyout as well as issues that may delay completion. Also included is an in-depth look at the role of the independent committee in overcoming conflicts of interest issues and steps for structuring a transition so that it is successful.

Other topics include:

• earnout provisions
• debt to equity ratio
• restrictive covenants
• SEC filings
• confidentiality and standstill agreement
• financial advisors
• due diligence
• purchase agreements
• the auction process
• questionnaires
• capital market financing
• deal protection mechanisms
• representations and warranties
• resource allocation
• the timeline of a leveraged buyout

This Executive Report is written by:

• Stephen Fraidin, Partner, Kirkland & Ellis LLP - Preparing for a Leveraged Buyout
• Hal N. Schwartz, Partner, McDermott Will & Emery LLP - Walking the Long Road of a Leveraged Buyout

About Executive Reports:

Executive Reports offer focused, hard-hitting advice from the leaders of some of America's top companies, packaged in a concise, readable format. Each research report provides readers with 3 to 5 strategies that will have a direct financial impact on their business. While not meant as a comprehensive guide, each report includes quick-hit items that can immediately impact specific business strategies. Executive authors drill down to the central issues surrounding each topic area and dispense expert advice in concise, direct language. Executive Reports feature leading professionals selected by the Aspatore Editorial Board based on their experience, research, and standing within the professional community.