Grill Maker Weber Sets IPO Terms That Could Put Market Cap at $5bn

Grill Maker Weber Sets IPO Terms That Could Put Market Cap at $5bn

Weber, backed by BDT Capital Partners, said it plans to sell nearly 46.9 million shares at between $15 and $17 apiece in an initial public offering that could give the grill maker a market capitalization of around $5bn. At the $16 midpoint of the expected price range,...
Blackstone Gives $2.2bn Loan as Private Debt Sets Records

Blackstone Gives $2.2bn Loan as Private Debt Sets Records

Blackstone teamed up with other lenders to provide $2.15bn of financing directly to Cambium Learning Group, bypassing banks in one of the biggest such loans that investors have made. Companies have been getting bigger and bigger loans straight from investors without...