Z Capital Partners Buys Affinity Gaming for $580M

The transcript discusses a company's acquisition and financing, highlighting the restructuring of assets under the Herbs Terribles brand. It covers market trends, including repricing and casino deals, with a focus on Las Vegas's recovery. The outlook for M&A and leveraged buyouts is explored, noting high EBITDA multiples and forgiving debt markets. The transcript concludes with insights into credit markets, emphasizing the lack of risk premium in high yield bonds compared to leveraged loans.

What is the outlook for M&A and leveraged buyouts in the context of current market uncertainties?

What does the comparison of leveraged loans and high yield bonds indicate about investor expectations?