Michaels Seizes on Huge Bond Rally to Revamp Its Debt Structure
Apollo Global Management Inc.-backed Michaels Cos. is seeking to raise around $4.85 billion in debt to help refinance its capital structure, according to people familiar with the matter.
By Jeannine Amodeo, Rene Ismail, Reshmi Basu · Bloomberg Markets
Apollo Global Management Inc.-backed Michaels Cos. is seeking to raise around $4.85 billion in debt to help refinance its capital structure, according to people familiar with the matter.