Reported 27 days ago
Hewlett Packard Enterprise Co. is seeking investors for a potential $9.5 billion debt package to finance its acquisition of Juniper Networks. The plan includes issuing $6.5 billion in unsecured bonds and a $3 billion term loan, aiming to capitalize on favorable borrowing conditions ahead of the US presidential election. This follows HPE's agreement to buy Juniper for $14 billion to expand its networking business.
Source: YAHOO