Banks invited to finance PE-backed Focus Media buyout - report
Banks in Asia are reportedly being approached to provide up to $1.7 billion in financing for the private equity-backed management buyout of NASDAQ-listed Focus Media Holding.
According to Reuters Basis Point, Citigroup, Credit Suisse and DBS Bank have assembled a package comprising a term loan of up to $1 billion term loan, a $200-300 million bridge-to-bond facility and a $450...
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