Carl Icahn Seeking $5.2 Billion in Loans for Dell Takeover Bid
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Carl Icahn is approaching investors for $5.2 billion in loans backing his buyout offer for personal computer maker Dell Inc.
Icahn tapped Jefferies Group LLC to arrange a $2.2 billion six-year term loan and a $3 billion 3 1/2-year term piece, according to a person with knowledge of the offering, who asked not to be identified because terms aren’t set. Jefferies will host a call with lenders at 4 p.m. today in New York.