Sealed Air $7 Billion Buyout Debt May Launch Next Week
Sealed Air Corp. headquarters in Charlotte, North Carolina.
Photographer: Kristoffer Tripplaar/Sipa USA/APBanks are preparing a roughly $7.15 billion debt offering to help finance Clayton Dubilier & Rice’s buyout of packaging company Sealed Air Corp.
JPMorgan Chase & Co. is among lenders sounding out investor demand for leveraged loans and junk bonds that could launch as soon as next week, according to people with knowledge of the matter.