Apollo-Backed Yahoo Kicks Off Talks on $1.6 Billion Refinancing

Yahoo Inc. has started discussions with lenders to refinance about $1.6 billion of leveraged loans, according to people with knowledge of the matter.

Royal Bank of Canada is leading investor meetings this week to gauge appetite for a possible $1.1 billion leveraged loan and $500 million in other secured debt, said the people, asking not be identified as the discussions are private.