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Prospect News home > News index > List of issuers A > Headlines for AMEC plc > News item
Published on 8/21/2014 in the Prospect News High Yield Daily.

AMEC to bring debt financing backing £1.9 billion Foster Wheeler deal

By Paul A. Harris

Portland, Ore., Aug. 21 – London-based AMEC plc will bring new debt financing to the leverage markets to help fund its £1.9 billion acquisition of Baar, Switzerland-based engineering conglomerate Foster Wheeler AG, according to a market source.

The deal, which received approval from the European Commission in mid-July, is expected to close during the second half of 2014.

BofA Merrill Lynch served as financial advisor to AMEC, a multinational consultancy, engineering and project management company.


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