Friday, June 22, 2007

Thomson Learning LBO financing hits turbulence

(Reuters) - The financing package, part of a record debt-raising spree
by takeover firms, was sweetened with stricter terms on both
the loans and bonds after being downsized earlier this week,
market sources said.




Thomson Learning is selling debt to pay for its buyout from
Thomson Corp. by private equity investors Apax
Partners and OMERS Capital Partners.


Read more at Reuters.com Bonds News

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