Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
R.R. Donnelley Eyes $2.3 Billion Debt Sale Tied to Vericast Deal.
Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
- معلومة اضافية
- الموضوع:
- نبذة مختصرة :
JPMorgan Chase & Co. is planning to launch a $2.3 billion debt sale to finance R.R. Donnelley & Sons Co.'s acquisition of Vericast's print and digital marketing business and restructure its debt. The debt offering will consist of an $800 million leveraged loan and a $1.5 billion bond. The sale of Vericast's business, known as Valassis, will involve debt forgiveness by Chatham Asset Management, Vericast's largest creditor and R.R. Donnelley's owner. Vericast has obtained approval from its existing debt holders for the sale after negotiations. [Extracted from the article]
- نبذة مختصرة :
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
No Comments.