Daily News: February 14, 2013

Aramark Said to Be Seeking $1B Loan to Refinance Bond

Bloomberg reported, according to a person with knowledge of the transaction, that Philadelphia-based Aramark, a food concessionaire taken private in 2007, is seeking as much as $1 billion in term loans to redeem a portion of a bond coming due in 2015.

Bloomberg said, according to the person, JPMorgan Chase, Goldman Sachs, Bank of America, Barclays and Wells Fargo are arranging the financing.

To read the entire Bloomberg story, click here.