Loading
Syniverse Holdings Inc., the communications-equipment company being acquired by Carlyle Group, plans to sell $475 million of eight-year senior notes, according to a person familiar with the transaction. Proceeds may be used to fund the acquisition, said the person, who declined to be identified because terms aren't set. The debt may be rated Caa1 by Moody's Investors Service and B- by Standard & Poor's, the person said.
To contact the reporter on this story: Tim Catts in New York at [email protected].
To contact the editor responsible for this story: Alan Goldstein at [email protected].
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
