LEVERAGED RECAPITALIZATION


Meaning of LEVERAGED RECAPITALIZATION in English

Often used in risk arbitrage. Popular form of shark repellant whereby a public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares , leaving the public shareholders with a continuing interest in a more financially- leveraged company. See: stub .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.