Party City Celebrates IPO Filing
Private equity firm Thomas H. Lee Partners readies Party City for its market debut, but with a heavy debt load, what kind of party will it be?
Private equity firm Thomas H. Lee Partners readies Party City for its market debut. Party City planned to go public in April 2012 but Thomas H. Lee Partners picked up a 70% stake in a deal worth $2.7 billion. But with a heavy debt load and helium priced at a premium, what kind of IPO party will it be? The Deal's Paula Schaap has details from New York.
