Sealed Air's $7.15 billion acquisition debt financing may be launched next week—Bloomberg

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Investing.com – Banks are preparing to provide approximately $7.15 billion in debt financing to help Clayton Dubilier & Rice complete its acquisition of packaging company Sealed Air Corp.

According to Bloomberg, citing sources familiar with the matter, lenders such as JPMorgan Chase are testing investor demand for leveraged loans and high-yield bonds, with the financing potentially launching as early as next week.

Sources say discussions are ongoing, and timelines and terms may still change.

This financing will be another major acquisition deal, testing the leveraged finance market, which has been more volatile recently, making it harder for banks to resell high-risk debt to institutional investors.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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