The definition of a highly leveraged transaction (HLT) loan as adopted by U.S. bank regulators in 1989 includes

Question

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A highly leveraged transaction (HLT) loan, as defined by U.S. bank regulators in 1989, includes all of the options listed above: doubling the borrower's liabilities which results in a leverage ratio higher than 50 percent, involving a buyout, acquisition, or recapitalization, and resulting in a leverage ratio higher than 75 percent. Therefore, choice D is the best answer.

The Definition of a Highly Leveraged Transaction (HLT) Loan as Adopted