Edition:
United States

Eleanor Duncan

Kantar wraps up financing after sweeping changes

Oct 25 2019

LONDON, Oct 25 (LPC) - Data provider Kantar has allocated a €3.08bn-equivalent leveraged financing backing its buyout by Bain Capital, but only after making wholesale changes after push back from investors on what they saw as an aggressive structure.

Merlin at risk of being further junked

Jul 04 2019

LONDON (IFR) - Moody's threatened to push Merlin Entertainment further into junk on Thursday, saying the company's Ba2 rating is at risk from an expected increase in leverage from its £5.91bn buyout.

Borrowers branch out

Sep 14 2018

LONDON (IFR) - Blue-chip corporates including Nestle are seeking to diversify their funding to avoid exposure to individual market risks.

Broadcom's bond spreads blow out after surprise CA bid

Jul 12 2018

NEW YORK (IFR) - Broadcom bondholders were left rattled Thursday after the chipmaker announced a surprise US$18.9bn (£14.3 billion) bid to buy U.S. business software company CA.

M&A bond binge fans debt worries

Jun 22 2018

NEW YORK (IFR) - When Campbell Soup came to the investment-grade bond market in March with a $5.3 billion deal to finance its acquisition of Snyder's-Lance, investor response was lukewarm.

Comcast prepares financing for 21st Century Fox buy

Jun 13 2018

NEW YORK (IFR) - Comcast says it has "Highly Confident Letters" from Bank of America Merrill Lynch and Wells Fargo for its US$65bn 21st Century Fox bid.

AT&T legal win could spur another jumbo bond; more M&As

Jun 13 2018

NEW YORK (IFR) - AT&T's court victory on Tuesday will likely mean the company will have to return to the bond market to fund its $85 billion (63.7 billion pounds) acquisition of Time Warner, investors told IFR.

AT&T legal win could spur another jumbo bond; more M&As

Jun 13 2018

NEW YORK (IFR) - AT&T's court victory on Tuesday will likely mean the company will have to return to the bond market to fund its US$85bn acquisition of Time Warner, investors told IFR.

Bond investors lukewarm on call to delay data

Apr 12 2018

By Eleanor Duncan, Joy Wiltermuth, Davide Scigliuzzo and Shankar Ramakrishnan

Investors pile into CVS $40 billion M&A bond

Mar 06 2018

NEW YORK (IFR) - Strong investor demand for CVS Health's US$40bn M&A bond gave a shot of confidence to the US high-grade bond market Tuesday after a recent bout of volatility in the usually rock solid asset class.

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