JPMorgan Chase is leading the sale of a $2bn leveraged loan package tied to the planned acquisition of Janus Henderson Group Plc by hedge fund Trian Fund Management and General Catalyst, according to a report by Bloomberg.
The loan offering, aimed at supporting the $7.4bn buyout, also includes refinancing existing debt and features $600m in secured debt, $1bn in convertible preferred, and $3.6bn in common equity. Pricing discussions are centred around 2.75 percentage points above the Secured Ove...
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