Blackstone's $13.5 bln F&R buyout debt readied for Sept launch: Reuters
Syndication of the US$13.5 billion debt package backing Blackstone Group’s buyout of Thomson Reuters’ Financial and Risk division is expected to launch in the first week of September, at the same time as a €7.3 billion debt financing backing the buyout of Akzo Nobel’s specialty chemicals business, bankers close to the deal told Reuters. Thomson Reuters’ loan and bond package is expected to launch in Europe on September 3 and in the United States on September 4 after the Labour Day holiday. The deal is the largest buyout financing since the crisis and its launch has been eagerly awaited since the deal was underwritten in January.
22 August 2018•3 mins read
