Banks struggle to cross the finish line on $7.2 billion Seale Air LBO deal
A $7.2 billion debt package backing Clayton, Dubilier & Rice’s takeover of Sealed Air Corp. has forced banks, led by JP Morgan, to make concessions to get the deal done, including selling the debt at a steep discount.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments