(Reuters) - CanWest's AA Acquisition Corp., which will acquire Alliance, has written commitments from its banking syndicate for bridge financing to complete the deal, the companies said in separate statements.
"The bridge financing replaces the originally contemplated high yield debt offering, which has for the time being been deferred due to recent turmoil in the North American debt markets," CanWest said.
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"The bridge financing replaces the originally contemplated high yield debt offering, which has for the time being been deferred due to recent turmoil in the North American debt markets," CanWest said.
Read more at Reuters.com Bonds News
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