European investors take dollop of jumbo Heinz transaction

Heinz has launched the $2bn-equivalent European portion of its LBO into syndication, as loans bankers say the largest deal since the financial crisis poses no threat to the capacity of the euro and sterling markets.

  • 15 Mar 2013

European lenders have been invited to commit to a euro portion of up to $1.4bn-equivalent and a sterling portion of up to $600m-equivalent to support the $28bn buy-out of the ketchup giant by Berkshire Hathaway and 3G Capital.

The jumbo loan comes only a month after Virgin Media ...

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