(Bloomberg) -- The risk of owning Alliance Boots
Plc's bonds rose on expectations bankers underwriting the
leveraged buyout by Kohlberg Kravis Roberts & Co. will increase
interest margins to raise 9 billion pounds ($18.5 billion).
Credit-default swaps protecting 10 million euros of Boots
debt rose 10,000 euros to a record 420,000 euros today, according
to Societe Generale SA. KKR and bankers led by Deutsche Bank AG
have to close the syndication of the loans today under a
commitment deadline announced July 5. The bankers are likely to
offer improved terms to attract enough investors, said Sonia Van
Dorp, a credit analyst at Societe Generale.
Read more at Bloomberg Bonds News
Plc's bonds rose on expectations bankers underwriting the
leveraged buyout by Kohlberg Kravis Roberts & Co. will increase
interest margins to raise 9 billion pounds ($18.5 billion).
Credit-default swaps protecting 10 million euros of Boots
debt rose 10,000 euros to a record 420,000 euros today, according
to Societe Generale SA. KKR and bankers led by Deutsche Bank AG
have to close the syndication of the loans today under a
commitment deadline announced July 5. The bankers are likely to
offer improved terms to attract enough investors, said Sonia Van
Dorp, a credit analyst at Societe Generale.
Read more at Bloomberg Bonds News
