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Banks Eye £3.6 Billion in Junk Bonds, Infra Loans for DCC Buyout
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsEnergy Markets & PricesInfrastructure & Defense
Bankers are preparing to sell £3.6 billion ($4.8 billion) of debt to finance the take-private of DCC Energy Plc. The financing is expected to be marketed to high-yield bond investors and infrastructure-loan buyers, making it a notable leveraged-finance transaction for the energy-infrastructure credit market.
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