TRLPC-Private equity firms writing bigger buyout checks

April 24, 2015 3:45 PM

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NEW YORK, April 24 (Reuters) - Private equity firms are writing bigger equity checks to finance new buyouts as leveraged lending guidelines issued by US regulators curb the amount of debt that banks are willing or able to lend.

Permira and Canada Pension Plan Investment Board (CPPIB) provided an equity check of around 50 percent to finance the $5.3 billion buyout of business software maker Informatica, which shows that private equity firms are changing the way they finance buyouts to suit more sober times.

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