How Goldman Clinched Solera Holdings Deal

The transcript discusses the first major LBO of the year, highlighting investor appetite and market conditions. It addresses challenges faced in issuing debt in euros due to a seized-up market, and the support received from past investors. The current market is described as schizophrenic, with a focus on European consumer behavior, where cash payments are more prevalent than in the US. The discussion concludes with a comparative analysis of financial stability between the US and Europe, noting the impact of cash flow within the European Union.

What was the main focus of the company during difficult market times?

What challenges did the company face when trying to issue debt in euros?

How does the company perceive the current state of the European market?

What is the significance of cash payments in the European market compared to the United States?

What factors contribute to the company's bullish outlook on the European market?