Formula 1 to Borrow $850 Million Via Loan Market for MotoGP Deal [BNN Bloomberg (Canada)]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: BNN Bloomberg
A lender call will be held Tuesday at 2 p.m. New York time, the person said, asking not to be identified because the information is private. Goldman Sachs didn't immediately respond to a request for comment. Liberty Media declined to comment. Formula 1's leveraged loan offering is one of multiple deals financing acquisitions to hit the market Tuesday as bankers and issuers look to get such transactions done in a post-Labor Day blitz. A combined $2.05 billion of leveraged loans have been launched to finance the buyout of educational software company Instructure Holdings Co. Liberty Media announced in April that it would buy motorcycle racing league MotoGP from Bridgepoint and the Canada Pension Plan Investment Board in a $3.8 billion tra
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