Banks Ready $7.9 Billion Debt Sale to Finance Sealed Air Buyout

Banks are preparing to sell about $7.9 billion in debt as early as February to finance Clayton Dubilier & Rice’s buyout of packaging firm Sealed Air Corp.

By Claire Ruckin, Gowri Gurumurthy · Bloomberg Markets

Banks are preparing to sell about $7.9 billion in debt as early as February to finance Clayton Dubilier & Rice’s buyout of packaging firm Sealed Air Corp.