Borrowers usually pay off their bridge loan with the proceeds from selling their house. (valuepenguin.com)
Borrowers usually pay off their bridge loan with the proceeds from selling their house. (valuepenguin.com)
In a leveraged buyout, the acquired company is made to borrow the money for its own acquisition and pay those funds to the acquirer, which uses those funds to pay off the bridge loan originally taken out to fund the initial deal. (wolfstreet.com)