Verizon Readies $12B Leveraged Loan Alongside Record High Yield Bond Deal |
| September 10, 2013 | September 2013 Bond Updates |
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Arrangers are planning to launch the general syndication round tomorrow for Verizon Communications? $12 billion A term loan, sources said. Proceeds from the loan, along with a blockbuster bond offering that is also expected tomorrow, will be used to back Verizon?s $130 billion acquisition of a 45% stake in Verizon Wireless from Vodafone. |
| View more at: http://www.forbes.com/sites/spleverage/2013/09/10/verizon-readies-12b-leveraged-loan-alongside-record-high-yield-bond-deal/ |
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