Bonds

Baker Hughes Seeks to Sell $10 Billion in Cross-Border Bond Sale

Baker Hughes Co. is planning to raise about $10 billion from a cross-border bond sale to help fund its acquisition of Chart Industries Inc., according to people with knowledge of the matter.

The oilfield-services firm has mandatedBloomberg Terminal banks led by Goldman Sachs Group Inc. and Morgan Stanley to arrange calls with investors on Wednesday, one of the people said. An offering of euro- and- dollar- denominated bonds may follow, the person added.