Bank Group Offers Endemol Financing At Discount -Bloomberg
Last Update: 6/13/2008 7:36:01 AM
DOW JONES NEWSWIRES
About EUR2.2 billion in senior loans used to finance a buyout of Dutch company
Endemol NV are being offered for sale by a banking group for as little as 72.5
cents on the dollar, Bloomberg News reported Friday, citing four people with
knowledge of the deal. The banking group is led by Goldman Sachs Group Inc. (GS)
and includes ABN Amro Holding NV (ABNYY), Barclays Capital, Credit Suisse Group
(CSGN.VX), Lehman Brothers Holdings Inc. (LEH) and Merrill Lynch & Co. (MER).
Some of the banks may hold out for a higher price. The banks declined comment. An
Endemol spokesman said management is supporting sale of the debt. Full story at
www.bloomberg.com/apps/news?pid=newsarchive&sid=adTLgi9CglOA
-Dow Jones Newswires; 201 938-5500
(END) Dow Jones Newswires
June 13, 2008 07:36 ET (11:36 GMT)
![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif "\\"){kind=small}
No comments yet.
Comments RSS TrackBack Identifier URI
Leave a comment
You must be logged in to post a comment.
No Comments