The financing is the biggest a company plans to fund an acquisition since Energy Future Holdings Corp. took on $24.5 billion in debt when KKR & Co. and Texas Pacific Group purchased it in 2007, according to data compiled by Bloomberg. Fitch Ratings today cut its grade for Heinz to junk saying the company’s debt levels could double and put its existing noteholders at risk.
Heinz Gets $14.1 Billion Financing for Berkshire, 3G Buy - Bloomberg
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