Buzz Box
October 6, 2008
Banc of America Securities and Barclays Capital priced an upsized deal for U.K.-based Compass Group plc on Sept. 25. The deal finished at $332 million in size, up from $200 million at launch, and priced in five-, and seven-year tranches, both at 350 basis points over Treasurys. There was also an eight-year sterling component to the deal. Twelve investors participated in the transaction.
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