RBC-led banks selling $2.75 billion loan for Blackstone's Emerson Electric unit deal

  • 📰 financialpost
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 85%

Singapore Singapore Headlines News

Singapore Singapore Latest News,Singapore Singapore Headlines

A group of banks led by RBC is selling a leveraged loan that will replace a previous deal supporting a purchase by Blackstone Inc. Read on.

Article content

A group of lenders led by the Royal Bank of Canada is selling a leveraged loan of as much as US$2.75 billion supporting Blackstone Inc.’s deal for an Emerson Electric Co. unit, according to people familiar with the matter.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RBC-led banks start US$2.75B loan sale for Emerson buyout - BNN BloombergA group of lenders led by the Royal Bank of Canada has commenced an up to $2.75 billion leveraged loan sale supporting Blackstone Inc.’s deal for an Emerson Electric Co. unit, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Ottawa, Toronto to jointly fund purchase of 340 new electric buses for TTC fleetFreeland says the Toronto transit funding will also help buy 248 chargers and support upgrades to related infrastructure in bus garages
Source: globeandmail - 🏆 5. / 92 Read more »

Feds, city to fund purchase of 340 new electric buses to Toronto's transit fleetDeputy Prime Minister Chrystia Freeland says Ottawa will spend $349 million to help electrify the city\u0027s fleet of transit buses.
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Best in Class: Top 5 luxury electric vehicles for 2023These luxury EVs are Driving\u0027s top picks, and surprisingly, it\u0027s not a list dominated by crossovers
Source: OttawaCitizen - 🏆 21. / 68 Read more »

Best in Class: Top 5 luxury electric vehicles for 2023These luxury EVs are Driving\u0027s top picks, and surprisingly, it\u0027s not a list dominated by crossovers
Source: calgaryherald - 🏆 64. / 52 Read more »

Best in Class: Top 5 luxury electric vehicles for 2023These luxury EVs are Driving\u0027s top picks, and surprisingly, it\u0027s not a list dominated by crossovers
Source: VancouverSun - 🏆 49. / 61 Read more »