CD&R's $10.3bn Sealed Air Acquisition Gets $7.9bn Debt Financing

Banks are preparing a $7.9bn debt offering to finance Clayton Dubilier & Rice's acquisition of Sealed Air Corp. The high-yield bond issue will offer yields between 7% and 7.25%, and about $4.5bn in leveraged loans will be part of the financing package. The deal is expected to be completed by mid-2026 and will make Sealed Air a private entity.