(Reuters) - LONDON, July 25 - Alliance Boots [AB.UL] has
postponed syndication of the 5.05 billion pounds
of senior debt backing its leveraged buyout, Europe's largest
ever, a source familiar with the situation told Reuters Loan
Pricing Corp. on Wednesday.
The company, which is being bought by Kohlberg Kravis
Roberts & Co [KKR.UL] and deputy chairman Stefano Pessina for
11.1 billion pounds, is pressing ahead with the syndication of
1.75 billion pounds of second-lien and mezzanine debt at steep
discounts, with responses on these tranches due by Friday, the
source said.
Read more at Reuters.com Mergers News
postponed syndication of the 5.05 billion pounds
of senior debt backing its leveraged buyout, Europe's largest
ever, a source familiar with the situation told Reuters Loan
Pricing Corp. on Wednesday.
The company, which is being bought by Kohlberg Kravis
Roberts & Co [KKR.UL] and deputy chairman Stefano Pessina for
11.1 billion pounds, is pressing ahead with the syndication of
1.75 billion pounds of second-lien and mezzanine debt at steep
discounts, with responses on these tranches due by Friday, the
source said.
Read more at Reuters.com Mergers News
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