Friday, July 20, 2007

Another delay of LBO laon offering

-- Kohlberg Kravis Roberts & Co.'s banks extended a deadline for investors in 9 billion pounds($18.5 billion) of loans for Alliance Boots Plc and plans to offer better terms, said a banker involved in the deal. --Alliance Boost, largest Europea deal --revised offer may discount the price of the debt by 1% to 2% of face value, and add an extra 50 basis points of interset on teh senior the debt.

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