French cable company Numericable Group S.A. could bring nearly $16 billion in bonds and loans to the market for its acquisition of Vivendis telecom subsidiary SFR. Numericable agreed to acquire SFR for 13.5 billion ($18.7 billion) and a 20% stake in the enlarged Numericable Group. The deal would value SFR at approximately 15.6 billion ($21.6 billion).
According to sources, a $575 million term loan tranche for the bakery and consumer packaged snack good manufacturer is priced between Libor plus 325-350 bps.
Hearthside Food Solutions is preparing to launch a $675 million first-lien credit facility to help finance its reported $1.1 billion buyout by Goldman Sachs and Vestar Capital Partners, according to sources.
Price talk on Signode Industrials $750 million bond offering has emerged. The industrial packaging company is selling the bonds in bonds to help it finance its $3.2 billion buyout by the Carlyle Group.
Price talk has emerged on Skillsoft Ltd.s $1.49 billion cov-lite loan offer, which is to fund the companys buyout by Charterhouse Capital Partners as well as refinance existing debt.
Industrial packaging company Signode Industrial is selling $750 million in bonds to help it finance its $3.2 billion buyout by the Carlyle Group.
On-demand e-learning software firm Skillsoft Ltd. is proposing a $1.49 billion term loan package that will finance a buyout by Charterhouse Capital Partners as well as refinance existing debt.
Signode Industrial Group, a bulk industrial packaging firm recently acquired by private equity sponsor The Carlyle Group, is in the market with a $2.15 billion multicurrency loan package.
Media General of Richmond, Va., is seeking a $910 million loan as part of a $1.6 financing of its announced merger agreement with LIN Media.
Multiplan sold $1 billion in 6.625% senior notes due 2022 on Tuesday after two drops in price talk. The notes priced at par.