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

Question 62

Multiple Choice

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


A) doubling the borrower's liabilities which results in a leverage ratio higher than 50 percent.
B) involving a buyout, acquisition, or recapitalization.
C) results in a leverage ratio higher than 75 percent.
D) All of the options.
E) doubling the borrower's liabilities which results in a leverage ratio higher than 50 percent and involving a buyout, acquisition, or recapitalization.

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