Market Chatter: Sycamore Discussing Debt Offering With Goldman Sachs, Others to Fund Portion of Walgreens Buyout

MT Newswires Live
16小时前

Sycamore Partners has lined up several prominent Wall Street investment banks to market a $4.25 billion debt offering that will help fund its proposed acquisition of Walgreens Boots Alliance (WBA), Bloomberg reported Friday, citing people familiar with the matter.

The group of lenders includes Goldman Sachs (GS), Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC), Deutsche Bank (DB), and UBS Group (UBS), according to the report. The banks reportedly held a meeting earlier this month with Sycamore to discuss the potential sale, which could come to market in June or July.

Sycamore disclosed plans in March to acquire the retail pharmacy chain in a deal valued at up to $23.7 billion. Walgreens shareholders are set to receive $11.45 per share in cash at closing, plus up to an additional $3 per share depending on the future monetization of Walgreens' stakes in VillageMD, Summit Health, and CityMD.

The going-private transaction is expected to close by the end of 2025, subject to regulatory and shareholder approvals and other conditions.

Spokespersons for Wells Fargo and Citigroup declined to comment when contacted by MT Newswires on Friday. Sycamore and the other banks did not immediately respond to messages seeking further information.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 11.00, Change: -0.04, Percent Change: -0.32

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10