PRESS DIGEST- New York Times business news - March 23
March 23 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Nov 8 Terex Corp on Thursday sold $850 million of senior notes, said IFR, a Thomson Reuters service. An originally planned euro tranche was dropped. Credit Suisse, Goldman Sachs, RBS, and UBS were the joint bookrunning managers for the sale. BORROWER: TEREX AMT $850 MLN COUPON 6 PCT MATURITY 05/15/2021 TYPE SR NTS ISS PRICE 100 FIRST PAY 05/15/2013 MOODY'S B3 YIELD 6 PCT SETTLEMENT 11/26/2012 S&P B-PLUS SPREAD 464 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
* Checkers Drive-In Restaurants has agreed to be sold to Oak Hill Capital Partners for $525 million in deal expected to be announced on Thursday - WSJ