(Reuters) - NEW YORK, June 27 - ServiceMaster Co. is
one of the latest companies forced to restructure the financing
for its leveraged buyout, as bond investors resist some of the
riskiest types of debt from heavily leveraged companies,
according to analysts and sources.
ServiceMaster, which owns TruGreen LawnCare and Terminix
pest control, in March accepted a $4.7 billion takeover bid
from a group led by private equity firm Clayton, Dubilier &
Rice Inc. For details, see [ID:nBNG292644].
Read more at Reuters.com Bonds News
one of the latest companies forced to restructure the financing
for its leveraged buyout, as bond investors resist some of the
riskiest types of debt from heavily leveraged companies,
according to analysts and sources.
ServiceMaster, which owns TruGreen LawnCare and Terminix
pest control, in March accepted a $4.7 billion takeover bid
from a group led by private equity firm Clayton, Dubilier &
Rice Inc. For details, see [ID:nBNG292644].
Read more at Reuters.com Bonds News
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