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string(146) "A Bank of America-led group sold a $1.9 billion US junk-bond Tuesday related to Apollo Global Management’s purchase of auto-parts maker Tenneco."
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string(298) "Banks led by Bank of America Corp. and Citigroup Inc. will kick off a junk-bond and leveraged loan sale tied to Apollo Global Management Inc.’s acquisition of Tenneco Inc. on Monday, seizing a recovery in credit markets to offload debt that’s been stuck on their balance sheets since last year."
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string(56) "Jim Voss Appointed Chief Executive Officer of Tenneco..."
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February[23], 2022
Federal-Mogul Goetze Limited
..."
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string(222) "A club of banks led by Citigroup Inc. and Bank of America Corp. has postponed the $5.4 billion buyout financing that was meant to launch this month to help fund Apollo Global Management Inc.’s acquisition of Tenneco Inc."
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a5e78-us-tenneco-inc
Tenneco Inc.
Location
Illinois
Founded
1996-02-28
Website
https://www.tenneco.com/
Articles
610 Articles
Category
Motor Vehicle Parts and Accessories
Description
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers worldwide. Through our four business groups, DRiV, Performance Solutions, Clean Air and Powertrain. Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Banks led by Bank of America Corp. and Citigroup Inc. will kick off a junk-bond and leveraged loan sale tied to Apollo Global Management Inc.’s acquisition of Tenneco Inc. on Monday, seizing a recovery in credit markets to offload debt that’s been stuck on their balance sheets since last year.
Swiss National Bank raised its stake in shares of Tenneco Inc. (NYSE:TEN – Get Rating) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the SEC.
Banks are planning to kick off the sale of a portion of the $6 billion debt package backing Apollo Global Management’s planned takeover of Tenneco, according to people familiar with the matter, despite lenders racking up big losses when syndicating recent deals.
EHP Funds Inc. acquired a new stake in shares of Tenneco Inc. (NYSE:TEN – Get Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
A club of banks led by Citigroup Inc. and Bank of America Corp. has postponed the $5.4 billion buyout financing that was meant to launch this month to help fund Apollo Global Management Inc.’s acquisition of Tenneco Inc.
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