Posted on: October 11, 2012 by Luisa Beltran
Today’s large dividend news comes from NBTY, which makes vitamins and nutritional supplements. Ronkonkoma, N.Y.-based NBTY said its parent company, Alphabet Holding Co., plans to issue and sell $500 million in notes. NBTY said it expects to use proceeds from the notes, plus cash on hand, to pay a cash dividend to shareholders of about $672 million.
Tags: NBTY, The Carlyle Group
Posted on: July 15, 2010 by PEHub Administrator
(Reuters) – Private equity firm Carlyle Group’s $3.8 billion deal for NBTY Inc (NTY.N) is made up of $2.4 billion debt financing and the rest in equity, a source familiar with the situation said on Thursday. Of the debt financing, about $1.5 billion is in bank debt and about $900 million is bonds, or about [...]
Tags: Carlyle Group, NBTY
Posted on: July 15, 2010 by PEHub Administrator
The Carlyle Group has agreed to acquire nutritional supplements maker NBTY Inc. (NTY.N) in a $3.8 billion leveraged buyout. NBTY stockholders would receive $55 per share, while debt financing has been committed by BofA Merrill Lynch, Barclays Capital and Credit Suisse.
Tags: Blackstone Group, Carlyle Group, NBTY