Brookfield-Backed Clarios Sells Loan for $4.5 Billion Payout
2 days ago · (Bloomberg) -- Car battery maker Clarios International Inc. launched a loan deal on Wednesday that will go toward paying a $4.5 billion dividend to its private equity owners — one of the largest ...
Brookfield-backed Clarios sells loan for US$4.5 billion payout
2 days ago · Brookfield-backed Clarios sells loan for US$4.5 billion payout. The deal suggests credit investors value the company more highly than the equity market. ... Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others. ...
Brookfield-Owned Battery Maker Clarios Scraps US IPO Plans
4 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Brookfield bought Clarios in 2019 for $13.2 billion including debt from Johnson Controls ...
Automotive battery giant Clarios plans to raise $4.5B via debt …
1 day ago · Brookfield Asset Management and its institutional partners acquired the Johnson Controls International (NYSE: JCI) battery business for $13.2 billion in April 2019 and rebranded it as Clarios. The ...
Brookfield-Owned Clarios Pulls IPO Plan Amid Shift to Debt
4 days ago · Brookfield and Canada's Caisse bought Clarios in 2019 from Johnson Controls International in a $13.2 billion deal. Write to Dean Seal at [email protected] (END) Dow Jones Newswires
Brookfield-owned battery maker Clarios scraps U.S. IPO plans
3 days ago · Clarios International, a car battery maker owned by global investment firm Brookfield BN-T, on Monday filed to withdraw its initial public offering plans in the United States. Milwaukee, Wisconsin ...
Brookfield-Owned Clarios Plans Debt Raising to Fund
4 days ago · Clarios International plans to raise debt to fund a payout to shareholders including Brookfield Asset Management and pension fund Caisse de Depot et Placement du Quebec. Car-battery maker Clarios ...
Brookfield’s Clarios Plans Raising Debt for Dividend, Sources Say
4 days ago · The Brookfield-CDPQ consortium has repaid more than $2 billion of Clarios’s debt since the takeover in 2019, the people said. Deliberations are ongoing and Clarios could still change its plans ...
Brookfield-Owned Clarios Pulls IPO Plan Amid Shift to Debt
4 days ago · Clarios said earlier on Monday that it plans to raise debt to fund a payout to shareholders. The debt raise should be completed by the first quarter of the year, the company said. Brookfield and Canada's Caisse bought Clarios in 2019 from Johnson Controls International in a $13.2 billion deal. Write to Dean Seal at [email protected]
Brookfield’s Clarios Plans Raising Debt for Dividend, Sources Say
4 days ago · Clarios International Inc. is considering taking on new debt in order to hand cash to its owners, including Brookfield Asset Management Ltd. and Canadian pension fund Caisse de Depot et Placement ...
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