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Navigating Seller Subordination in Leveraged M&A

Opus Connect
By Felix J. Kushnir, JT Schuweiler, Marilyn W. Sonnie and Joshua Geller
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Felix J. Kushnir, JT Schuweiler, Marilyn W. Sonnie and Joshua Geller co-authored an article for Opus Connect, the premier networking and deal-making community for private equity and M&A professionals.

The article is a practical guide for independent sponsors managing seller financing alongside senior debt in leveraged acquisitions. It walks through the key subordination issues that tend to arise in leveraged acquisitions and outline practical strategies buyers can use to help facilitate resolution, and offers a clear, transaction-focused perspective on a set of dynamics that can materially affect whether a deal reaches a clean close.

Read the full article here.