Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00170212765957443 -0.00170212765957443 -0.00170212765957443 -0.00170212765957443
Stock impact report

Banks Price $1.4 Billion of Leveraged Loans for Janney's Buyout [BNN Bloomberg (Canada)]

Instructure Holdings, Inc. (INST) 
Last instructure holdings, inc. earnings: 2/28 04:46 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Margin for the two-tranche deal is 3.25 percentage points over the Secured Overnight Financing Rate, issued at 99.5 cents on the dollar, according to a person familiar with the matter who asked not to be identified because the information is private. The margin can be reduced as much as a 0.75 percentage point if certain conditions are met. Also, investor-friendly protections were added. The transaction emerged before Labor Day, making it the first of an expected bevy of acquisition-related financings for buyouts agreed to earlier this year. KKR cinched a deal in July to buy Janney, adding it would operate independently under the private equity heavyweight. The purchase is set to close by year's end. It's one of several buyouts that the private equity firm is in the process of completing. They include Instructure Holdings Inc., whose buyout financing is also in the leveraged-loan market. Commitments for that $2 billion package were also due Wednesday. More than $60 billion of l Show less Read more
Impact Snapshot
Event Time:
INST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
INST alerts

from News Quantified
Opt-in for
INST alerts

from News Quantified