SYT Breakup Fee Would Equal 55% of Monsanto’s Current Debt: BI
2015-06-03 14:27:50.680 GMT
By Aoyon Ashraf
(Bloomberg) -- Syngenta’s potential termination fee would
equal 55% of Monsanto’s $8.2b debt if deal fails to close,
Bloomberg Intelligence analyst Richard Bourke writes.
* Would increase MON leverage to 3x from 1.9x
* NOTE: Yday, Bloomberg reported SYT considering ~10% of
purchase price, which would amount to $4.5b at current bid,
as reasonable Link
* May 8, BI said Monsanto Syngenta Bid Would Have Raised
Leverage Above BBB Peers
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Aoyon Ashraf in Toronto at +1-416-203-5713 or
aashraf7@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Aoyon Ashraf
2015-06-03 14:27:50.680 GMT
By Aoyon Ashraf
(Bloomberg) -- Syngenta’s potential termination fee would
equal 55% of Monsanto’s $8.2b debt if deal fails to close,
Bloomberg Intelligence analyst Richard Bourke writes.
* Would increase MON leverage to 3x from 1.9x
* NOTE: Yday, Bloomberg reported SYT considering ~10% of
purchase price, which would amount to $4.5b at current bid,
as reasonable Link
* May 8, BI said Monsanto Syngenta Bid Would Have Raised
Leverage Above BBB Peers
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Aoyon Ashraf in Toronto at +1-416-203-5713 or
aashraf7@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Aoyon Ashraf