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英语翻译Big business deals do not often come with a promise to c

来源:学生作业帮 编辑:作业帮 分类:英语作业 时间:2024/05/10 16:10:10
英语翻译
Big business deals do not often come with a promise to cut greenhouse gases.But that was part of a deal this week for TXU,the biggest electric company in Texas.Its board of directors agreed to a buyout offer led by two private equity groups,Kohlberg Kravis Roberts and Texas Pacific.They are offering to buy all shares in TXU and take the company private.That means it would stop trading on a public stock exchange.
A leverage buyout depends heavily on borrowed money,often for the purpose of selling the company later.This leveraged buyout would be the biggest yet -- an estimated value of around 45 billion dollars,including debt.
KKR and Texas Pacific Group would take responsibility for more than 12 billion dollars owed by TXU.They would add 24 billion dollars in new debt through borrowing to finance the sale.
The proposal calls for them to each pay 2 billion dollars in cash.Investment banks would provide an additional 3 billion.And banks would also provide a one bil lion dollar unsecured loan known as an "equity bridge."
One of the unusual things about this proposal is that utilities are not a traditional target of leveraged buyouts.Utilities provide public services like power and water.
TXU just reported two and one-half billion dollars in profits last year,up 50% from the year before.But utilities often have a lot of debt because of high operating costs.At the same time,states may limit rates if prices rise too high.
Most unusual about the deal,however,are the promises made by KKR and Texas Pacific.These buyout specialist groups say they will cut electricity prices 10% and offer "price protection" through September of 2008.
Also,to reduce carbon emissions linked to climate change,they promise to buil d fewer power stations that burn coal than TXU had planned.And they promise to explore greater use of alternative and renewable fuels.Two activist groups,Environmental Defense and the Natural Resources Defense Council,supported the deal.
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涉及经济的东西 翻译得懵懵懂懂的
楼下的朋友 复制粘贴的就免了 这些我也会。
去沪江部落找,那里有.