One of the key attributes that makes a firm a good candidate for an LBO is that it has a relatively high level of debt and a low level of relatively liquid assets that could be used as loan collateral.

Question

Quizplus · Accepted Answer

A good LBO candidate typically has low existing debt and substantial assets that can be used as collateral, providing lenders with security and reducing the risk of default.

One of the Key Attributes That Makes a Firm a Good