Leveraged Loan Insight & Analysis – 1/29/2018

Thomson Reuters financial unit sale marks the largest LBO financing since 2013

Tuesday’s announcement that Blackstone is buying a 55% stake in Thomson Reuters Financial and Risk business in a deal that values the unit at US$20bn makes it the largest LBO deal since 2013. That year saw buyout deals of US$28bn for HJ Heinz and US$25bn for Dell Computer.