(Bloomberg) -- Morgan Stanley plans to raise about
A$4 billion ($3.3 billion) of debt to fund its bid for Investa
Property Group, the biggest overseas acquisition of Australian
real estate, three people with direct knowledge of the deal said.
Morgan Stanley has invited Citigroup Inc. and Credit Suisse
Group to help it raise the debt for the purchase, which values
Sydney-based Investa at A$6.6 billion, said the people, who
declined to be named because the information isn't public. The
three banks are working out financing details, which may include
loans and mortgage-backed bonds, they said.
Read more at Bloomberg Bonds News
A$4 billion ($3.3 billion) of debt to fund its bid for Investa
Property Group, the biggest overseas acquisition of Australian
real estate, three people with direct knowledge of the deal said.
Morgan Stanley has invited Citigroup Inc. and Credit Suisse
Group to help it raise the debt for the purchase, which values
Sydney-based Investa at A$6.6 billion, said the people, who
declined to be named because the information isn't public. The
three banks are working out financing details, which may include
loans and mortgage-backed bonds, they said.
Read more at Bloomberg Bonds News
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