That puts the “average” tie up over a billion………..US I imagine. It might be a better year than i thought. No doubt this includes all the potential tranches for all the deals, but is does give one a lot of comfort knowing this is a possible outcome. Although my info suggests a major deal giving away too much is NOT on the cards, more likely a segmented approach will be looked for.
The Attractions of PYC's pipeline, page-10
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