Beats Electronics LLC, the headphone maker founded by music producer Jimmy Iovine and rapper Dr. Dre, is seeking $700 million in loans for a dividend and to repay debt, while Allflex Holdings set the rate on $810 million of financing that will back its buyout by BC Partners.
Beats Electronics LLC, the headphone company founded by music producer Jimmy Iovine and rapper Dr. Dre, is seeking $700 million in loans for a dividend and to repay debt, according to a person with knowledge of the matter.
Crestwood Holdings LLC, a midstream energy company, increased the size of a term loan it’s seeking to $400 million from $365 million while lowering the cost of the debt, according to a person with knowledge of the transaction.
Iberdrola SA got lender backing to increase a 1.5 billion-euro ($1.9 billion) credit line by 750 million euros and reduce a more expensive term loan by the same amount, according to a person familiar with the matter.
Clondalkin Industries BV, a Dutch manufacturer and supplier of packaging products, is seeking commitments tomorrow from lenders on $490 million in loans to refinance debt, according to two people with knowledge of the transaction.
Commodity Futures Trading Commission investigators are poring over 1 million e-mails and instant messages as part of their price-manipulation probe of a swaps benchmark that helps determine interest rates on everything from annuities to bonds linked to skyscrapers.
ProSiebenSat1 Media AG, the German broadcaster owned by KKR & Co. and Permira Advisers LLP, obtained backing from lenders to extend about 1.9 billion euros ($2.4 billion) of loans, according to two people with knowledge of the matter.