Verizon deal a model for M&A financing
Most of the $61bn bridge loan backing Verizon Communication’s buyout of Vodafone’s stake in its wireless business only existed for just over a week before it was taken out in the bond market. But the deal stands as an example of the flexibility and liquidity of the loan product for financing acquisitions, bankers said this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: