The Definition of a Highly Leveraged Transaction (HLT) Loan as Adopted

Multiple Choice

The definition of a highly leveraged transaction (HLT) loan as adopted by U.S. bank regulators in 1989 includes

A) doubling the borrower's liabilities which results in a leverage ratio higher than 50 percent.
B) involving a buyout, acquisition, or recapitalization.
C) results in a leverage ratio higher than 75 percent.
D) All of these.
E) None of these.