News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Reed Elsevier jumbo bond to finance acquisition

Anglo-Dutch publisher Reed Elsevier will issue up to $5bn (€6bn) of bonds to help pay for its acquisition of US books group Harcourt General.

Reed Elsevier has appointed Morgan Stanley Dean Witter to arrange the $6.5bn debt package needed to finance the purchase plus the assumption of Harcourt's debts.

WSJ Logo