Blackstone starts marketing huge F&R buyout loan: Reuters
The US$8 billion-equivalent term loan B portion of the debt financing backing Blackstone Group’s US$20 billion acquisition of a 55 percent stake in Thomson Reuters’ Financial and Risk (F&R) unit is being shown to large institutional investors before an anticipated September launch, sources told Reuters. The US$13.5 billion financing, which includes loans and bonds, is being led by JP Morgan, Bank of America Merrill Lynch and Citigroup and is the largest buyout financing since the financial crisis.
26 June 2018•3 mins read
