Saturday, 23 June 2018

Michelle Sierra' s stories

Sort by: Newest firstOldest firstA-ZZ-A


    Amgen takes US$8.1bn for Onyx buy

    Top News | 30 August 2013

    Amgen, the world’s largest biotechnology company, launched an unusual US$5bn bridge loan last Thursday as part of an US$8.1bn financing package backing its US$10.4bn acquisition of cancer-drug maker

  • Vodafone Verizon

    Sooner the better for US$60bn Verizon Wireless acquisition financing

    Top News | 30 August 2013

    The ability of debt markets to absorb as much as US$60bn of acquisition debt from a single company will be put to the test, if Verizon Communications is successful in its talks with

  • Hilton

    Hilton sets US$12bn pre-IPO package

    Top News | 16 August 2013

    Hilton Worldwide is preparing a US$12bn debt package to refinance existing borrowings ahead of an IPO expected in the first half of 2014. The financing package is expected to be launched after the US Labor Day holiday.

  • Icahn seeks Dell meeting after securing US$5.2bn

    Loans | 05 July 2013

    Billionaire investor Carl Icahn asked for a meeting with Dell’s special board committee after lining up US$5.2bn in loan commitments to back up his bid for a leveraged recapitalisation of the personal computer maker.

  • Icahn puts money where his mouth is

    Loans | 28 June 2013

    Ahead of a July 18 shareholder vote that is expected to decide the fate of computer manufacturer Dell, Carl Icahn tapped the market with US$5.2bn in loans slated to back his leveraged recapitalisation plans for the company. The loans, which include creative incentives to attract lenders, suggest the billionaire investor is

  • Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock Exchange

    Icahn says he can

    Loans | 21 June 2013

    Activist investor Carl Icahn restated his interest in owning US computer maker Dell last week in an open letter to Dell shareholders and said that the US$5.2bn in financing that he is assembling to back his bid for the company was continuing to move forward as planned.

  • A Dell computer logo is seen on a laptop at Best Buy in Phoenix, Arizona

    Icahn seeks up to US$7bn

    Loans | 24 May 2013

    Activist investor Carl Icahn and Southeastern Asset Management have initiated talks with banks and asset managers to line up commitments for as much as US$7bn in bridge loans to back their leveraged recapitalisation proposal for computer giant

  • Logo of mining company Freeport-McMoRan

    Investment-grade loans see trading pick-up

    Loans | 10 May 2013

    The hunt for yield coupled with a lack of new lending opportunities in the US investment-grade loan market is prompting an upturn in the trading of Term Loan A paper as new bank investors push in to a previously illiquid part of the loan market.

  • Dish

    Barclays steps up for Dish bid

    Top News | 19 April 2013

    Dish Network, the second-largest US satellite TV provider, received a “highly confident” letter from financial adviser Barclays confirming its ability to raise the required financing to back its offer to buy

  • Market cheers Thermo Fisher bridge

    Loans | 19 April 2013

    Healthcare equipment company Thermo Fisher Scientific’s announcement last week that it had trumped private equity bidders to buy rival Life Technologies for US$13.6bn brings the first big high-grade M&A loan of the year and the biggest US bridge loan so far to the market.