Traduction de «Effet de levier de l'endettement » (Français → Anglais) :

debt leverage

deleveraging

LBO fund

leveraged buyout | leveraged buy-out | buyout | LBO

leveraged buy-out [ LBO ]

Within the time-frame put forward in the projections submitted by the French authorities, the foreseeable reduction in the leveraging effect and, in any event, the low impact of the amount of tax on the debt ratio would have led a prudent private investor in a market economy either to reduce the profitability prospects of its investment or to not consider that the equity investment equivalent to the amount of tax was justified by the need to improve the debt situation of EDF in 1997.

5. A minimum leverage must be achieved in each participating Member State at the milestones set out in the funding agreement referred to in paragraph 4(c), calculated as the ratio between the new debt finance to eligible SMEs to be originated by the financial intermediaries and the corresponding contribution of the ERDF and EAFRD from the relevant Member State to the financial instruments.

(c) deleveraging of US dollar assets: several Union credit institutions have accelerated the deleveraging of their US dollar balance sheets after concerns about their sovereign-debt holdings made US MMMFs reluctant to lend to them.

24. Recalls that prior to the outbreak of the financial crisis the public-debt-to-GDP ratio of the euro area had fallen from 72% in 1999 and to 67% in 2007 and that, in contrast, debt levels of households and firms and the level of leverage in the financial sector increased significantly over the same period; points out, in particular, that household debt in the euro area increased from 52% to 70% of GDP during the same period and that financial institutions increased their level of debt from less than 200% of GDP to more than 250%; acknowledges that some Member States, such as Greece and Italy, were significant exceptions to these gen ...[+++]eral trends;