Dyson braves private markets amid Covid-19 storm

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By Silas Brown
18 Mar 2020

UK manufacturer Dyson is looking for at least £250m of debt, according to several market sources, in a private placement set to close in the middle of the pandemic that has largely shut public markets in Europe and the US.

Barclays and MUFG are arranging a deal for the privately owned company, known globally for its innovative vacuum cleaners and hair dryers, offering institutional investors tenors ranging between 10 and 15 years. The arrangers began soft-sounding investors last week and bids are due next week, according to market ...

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