Leverage multiples on the rise.
FORTUNE -- Leveraged buyout debt multiples are on the rise, according to S&P Leveraged Commentary & Data.
LCD breaks its numbers out by company size, with "large" being anything with more than $50 million in EBITDA. And, for those deals, leverage multiples rose to 5.3x in 2012. This includes a 5.5x mark for Q4 2012, and represents the fourth straight annual increase since a 4x nadir in 2009. MORE