Banks Shop $500M TL for Toys 'R' Us, Prep Notes

Kellerhals, Richard
August 2010
High Yield Report;8/16/2010, Vol. 21 Issue 33, p32
The article reports that Bank of America Merrill-Lynch, JPMorgan and Goldman Sachs have been tapped to market a 500 million U.S. dollar million term loan to back Toys 'R' Us' refinancing. Toys 'R' Us also plans to issue 500 million U.S. dollars in senior notes to help it refinance its debt. Proceeds from the loan will be used to refinance secured term loan facility and a senior unsecured credit facility which were both issued by Toys 'R' Us Delaware.


Related Articles

  • Select Medical Offers $500M in Notes. Sheahan, Matthew // High Yield Report;5/20/2013, p3 

    The article reports that Select Medical, a specialized health care provider, is offering 500 million dollars in senior notes due 2021. Some of the bookrunners for the deal include JPMorgan, Goldman Sachs and Bank of America Merrill Lynch. The company plans to use the proceeds to pay its debt on...

  • Getty's $1.27B TL Slated for Refi and Dividend. Kellerhals, Richard // High Yield Report;10/25/2010, Vol. 21 Issue 43, p15 

    This article reports on the move of a bank consortium to begin marketing a term loan for Getty Images in 2010. The consortium included J.P. Morgan, GE Capital, Bank of America Merrill Lynch and Goldman Sachs. The company intends to use the proceeds to refinance debt and finance a dividend...

  • Warner Chilcott Back to Tap Debt Markets. Kellerhals, Richard // High Yield Report;8/9/2010, Vol. 21 Issue 32, p18 

    The article reports on the plan of B. Warner Chilcott to tap the debt market by securing a 1.5 billion U.S. dollar term loan B. The coupon on the new 1.5 billion U.S. dollar term loan is at Libor plus 425 basis points (bps). Bank of America Merrill Lynch, JPMorgan and Goldman Sachs are the banks...

  • Dividend Deals Keep on Coming. Kellerhals, Richard // High Yield Report;2/14/2011, Vol. 22 Issue 7, p20 

    The article examines several dividend-related loans recently marketed by banks. Goldman Sachs, Bank of America Merrill Lynch and Credit Suisse are marketing a term loan B backing CareStream Health's refinancing and dividend recapitalization at Libor plus 350 basis points (bps). Meanwhile, a...

  • Banks Close $2.1B for Delta. Kellerhals, Richard // High Yield Report;10/5/2009, Vol. 20 Issue 40, p25 

    The article reports on the 2.1 billion U.S. dollar credit facility closed by a bank consortium for Delta Air Lines. The credit facility is comprised of a term loan, senior secured notes due 2014 and senior notes due 2015. The bank consortium include JPMorgan, Citigroup, UBS, Deutsche Bank,...

  • Oshkosh Buys Back Term Loan B, Irking Investors.  // Bank Loan Report;9/13/2010, Vol. 25 Issue 35, p1 

    Information about the topics discussed during the bank meeting organized by Bank of America Corp. and J.P. Morgan Chase & Co. in September 2010 in the U.S. presented. The event featured a discussion on Oshkosh Corp.'s profit worth 550 million dollars and 650 million dollars of A term loan. It...

  • Banks Shop $1.15B Deal for Hanesbrands. Kellerhals, Richard // High Yield Report;11/30/2009, Vol. 20 Issue 48, p2 

    The article reports on the 1.15 billion credit facility arranged by a bank consortium made up of JPMorgan, Bank of America, HSBC and Barclays for Hanesbrands, a clothing company based in Winston-Salem, North Carolina. It relates the amount of the term loan and revolver that comprised the credit...

  • Top Five Took In Less Last Year. Schroeder, Mary; Chapman, Peter // Traders Magazine;Mar2013, Vol. 26 Issue 346, p1 

    The article offers information related to the financial results of the five biggest U.S. equities houses including Goldman Sachs and Co., J.P. Morgan Chase and Co. and Merrill Lynch and Co. It informs that the revenue of the firms was 23 billion U.S. dollars in 2012. It decreased about four...

  • Why Big Banks Cut It Close in Fed's Stress Tests. Heltman, John // Americanbanker.com;3/11/2015, p1 

    JPMorgan Chase, Morgan Stanley and Goldman Sachs were each forced to resubmit their capital plans in order to pass the Fed's CCAR stress test, while Bank of America was publicly faulted for weaknesses in its capital planning process. While some saw that as a bad sign, others contended the banks...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics