Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Calendar > Headlines for 2019 > News item |
Investment Grade Calendar
On The Horizon
ABBVIE INC.:
• Possible debt offering up to $40 billion to fund acquisition of Allergan plc
• Underwritten financing commitments from Morgan Stanley Senior Funding, Inc. and MUFG Bank, Ltd. for approximately $38 billion
• Cash and stock acquisition valued at about $63 billion
• Transaction to close by early 2020
• Biopharmaceutical company based in North Chicago, Ill.
CUSTOMERS BANCORP INC.:
• Dollar-denominated registered fixed-rate senior notes due September 2024
• Deutsche Bank Securities Inc. and B. Riley FBR, Inc. (bookrunners)
• Redeemable at par on or after 30 days prior to maturity
• Proceeds for general corporate purposes
• Wyomissing, Pa.-based bank holding company
T-MOBILE U.S. INC.:
• Roadshow in United States and Europe held April 30-May 8
• Possible high-grade secured bond offering
• Barclays, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC (arrangers)
• Proceeds to help fund acquisition of Sprint Corp.
• Merger closing expected in summer of 2019
• Unit of Bonn, Germany-based telecommunications company Deutsche Telekom AG
VEON HOLDINGS BV:
• $1 billion of senior notes (expected Ba2/BB+/BBB-)
• Roadshow started Sept. 26 in United States and United Kingdom
• Citigroup Global Markets Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Societe Generale (arrangers)
• Rule 144A and Regulation S
• Proceeds to refinance debt and address upcoming debt maturities, including drawdowns on a revolving credit facility used to fund the mandatory tender offer for Global Telecom Holding SAE, and for general corporate purposes
• Subsidiary of Amsterdam-based VEON Ltd., which provides mobile and fixed-line telecommunications services in emerging markets
ZF FRIEDRICHSHAFEN AG:
• Possible debt offering to fund $7 billion acquisition of Wabco Holdings Inc.
• Transaction closes early 2020
• Auto parts manufacturer based in Friedrichshafen, Germany
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.