date:Aug 04, 2014
will be paid for with US$314m of cash, US$950m of common stock, US$1.5bn of TEUs, US$2.2bn of term loans, and US$3.25bn of bonds.
The US$2.2bn term loan is split between a US$1.1bn three-year facility, a US$500m five-year tranche A, and a US$600m five-year tranche B, and the US$3.25bn bonds are expected to be issued in five-, 10- and 30-year maturities, with a weighted average interest rate of around 3.9%.
The equity issue prompted SP to remove Tyson's ratings from negative CreditWatch on Thu