Morgan Stanley, Goldman lead $4 billion junk-debt sale for QXO’s Beacon takeover - Bloomberg By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Junk-Debt Sale Initiation: A consortium led by Morgan Stanley and Goldman Sachs has launched a $4 billion junk-debt sale to support QXO Inc.'s acquisition of Beacon Roofing Supply.
Upcoming Investor Calls: A lender call for a $2 billion leveraged-loan offer is scheduled, along with an investor call for a seven-year junk-bond sale, with pricing details expected later this week.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
