Heinz Seeks $12 Billion in Loans; NBTY Returns for Rate Cut

H.J. Heinz Co. gave guidance on the rate it will pay on $12 billion of loans to support the ketchup maker’s $23 billion buyout by Warren Buffett’s Berkshire Hathaway Inc. and 3G Capital Inc. NBTY Inc. is seeking to reduce borrowing costs on a loan after a failed attempt to refinance the debt last month.

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