Daily News: February 18, 2014

Bloomberg: Nine West Said to Set Rate on Buyout Term Loan

Bloomberg reported Nine West Holdings, which will become a new company after completion of Jones Group’s sale to Sycamore Partners, set the rate on a $470 million term loan backing the buyout, according to a Bloomberg source.

According to Bloomberg , Morgan Stanley, Jefferies Group and MCS Capital Markets are arranging the financing and request commitments from lenders on Feb. 27, the Bloomberg

To read the entire Bloomberg article, click here.