CSFB, Barclays Lead $6 Bln Fortune Financing
GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

CSFB, Barclays Lead $6 Bln Fortune Financing

Credit Suisse First Boston and Barclays Capital have landed the lead roles on a $6 billion revolver for Fortune Brands.

Credit Suisse First Boston and Barclays Capital have landed the lead roles on a $6 billion revolver for Fortune Brands. The 18-month line will back the purchase of several of the spirits and wine brands included in Pernod Ricard's proposed acquisition of Allied Domecq. Pricing has not been determined. The loan will not be widely syndicated.

With the acquisition, Fortune Brands will more than double its spirits and wine sales. The company is a leading producer and distributor of distilled spirits and golf equipment; brands include Jim Beam and Absolut. Craig Omtvedt, Fortune cfo and senior v.p., did not return a call before press time.

 

Gift this article