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Exactly, where'd that 5 billion in loans go? Poof!
by justherefortart 8y ago
Exactly, where'd that 5 billion in loans go? Poof!
- metabagel 8y agoThe bulk of that was not KKR or Bain's money. They were loans that Toys 'R' Us took on as part of the LBO.
- JumpCrisscross 8y ago> where'd that 5 billion in loans go? As in where did the proceeds go? To the previous investors. From whom KKR et al bought Toys 'R' Us. There's a "B" in LBO.