LVMH readies $17bn of debt for Tiffany buy

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LVMH readies $17bn of debt for Tiffany buy

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Moody’s has warned France’s LVMH that its $16.2bn debt-fuelled acquisition of Tiffany & Co will put its debt metrics near capacity for its A1 rating, as the acquisitive firm lines up $17bn of financing to buy the US jeweller.

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