date:Mar 22, 2013
n at $28 billion.
JP Morgan and Wells Fargo are joint bookrunners for the loans financing, while sub-underwriting banks on the deal include Banco do Brasil, Barclays, Citigroup, HSBC, Itau Unibanco, RBC, UBS and others.
Lender commitments are due at midday on Friday.
In addition to the loans, Heinz also plans to roll over some existing debt not covered under change of control provisions.
Total equity investment in the transaction is $16.24 billion. Berkshire Hathaway is committing $12.12 bil