Reply to post: Re: Silverlake's exit strategy

Dell Tech: We have a plan B for bog standard IPO

Charlie Clark Silver badge

Re: Silverlake's exit strategy

but maybe they don't intend to pay down the debt?

Almost certainly not, hence, the exit strategy. Incredible that the bonds issued with those duration and yields (what was it? 8% for thirty years or something even more ridiculous?) were even given a rating other than YHL*

* "You're having a laugh". Just made it up but probably makes as much sense as most of the ratings that the are issued by Standard & Poors, Moody's and Fitch…

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