#Latest news with #JeannineAmodeoBloomberg2 days agoBusinessBloombergBanks Launch $1.5 Billion Loan for Silver Lake's Altera StakeBy and Jeannine Amodeo Save A group of banks led by Barclays Plc launched a $1.5 billion loan sale to support Silver Lake Management 's acquisition of a majority stake in programmable chips unit Altera Corp. from Intel Corp., according to a person with knowledge of the matter. The US leveraged-loan market had its most launches since the end of February this week, with 25 borrowers seeking funds for dividends, refinancing efforts or mergers and acquisitions.
Bloomberg2 days agoBusinessBloombergBanks Launch $1.5 Billion Loan for Silver Lake's Altera StakeBy and Jeannine Amodeo Save A group of banks led by Barclays Plc launched a $1.5 billion loan sale to support Silver Lake Management 's acquisition of a majority stake in programmable chips unit Altera Corp. from Intel Corp., according to a person with knowledge of the matter. The US leveraged-loan market had its most launches since the end of February this week, with 25 borrowers seeking funds for dividends, refinancing efforts or mergers and acquisitions.