date:Mar 14, 2013
einz is big, well liked and popular credit and people will be very keen to go into it. Syndication is likely to go smoothly, one of the bankers said.
Meanwhile, a $2.1 billion bridge to second-lien term loan, which is a component of the buyout debt, has been successfully syndicated. The bridge will be taken out by a high yield bond and roadshows for the bond are expected to take place in the next week or two, the bankers said.
Heinz also plans to roll over some existing debt that is not covere