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

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All of the options are included in the definition of a highly leveraged transaction (HLT) loan, as adopted by U.S.bank regulators in 1989. This means that an HLT loan involves doubling the borrower's liabilities resulting in a leverage ratio higher than 50 percent and typically involves a buyout, acquisition, or recapitalization. Additionally, an HLT loan typically results in a leverage ratio higher than 75 percent.

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