Syniverse plans debt


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  • | 6:05 p.m. December 14, 2010
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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.

 

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