(Reuters) - First Data Corp , which is being purchased by a
Kohlberg Kravis Roberts-led consortium for $26 billion, is in
the process of raising a $16 billion bank loan and plans to
sell $8 billion in junk bonds, according to Reuters Loan
Pricing Corp.
The proposed Alltel bank loan consists of a $1.5 billion
revolver and a $14 billion term loan. Alltel's bank loan also
has a provision for a $750 million incremental term loan
capacity.
Read more at Reuters.com Bonds News
Kohlberg Kravis Roberts-led consortium for $26 billion, is in
the process of raising a $16 billion bank loan and plans to
sell $8 billion in junk bonds, according to Reuters Loan
Pricing Corp.
The proposed Alltel bank loan consists of a $1.5 billion
revolver and a $14 billion term loan. Alltel's bank loan also
has a provision for a $750 million incremental term loan
capacity.
Read more at Reuters.com Bonds News
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