Daily News: November 7, 2013

Reuters: JP Morgan, Others to Lead Advance Auto Acquisition

Reuters reported that JP Morgan, Bank of America Merrill Lynch, SunTrust and Wells Fargo are leading a $1.6 billion facility related to Advance Auto Parts’ General Parts International acquisition.

Reuters said further the facility comprises a $1 billion, five-year revolver and a $600 million, five-year term loan.

To read the entire Reuters article, click here.