CHARLOTTE, N.C. (From news reports) -- Clayton Dubilier & Rice is moving forward with a $4.5 billion leveraged loan to facilitate its acquisition of Sealed Air (SEE), as part of a $7.9 billion debt arrangement. This financing, one of the largest recent buyout deals, includes both USD and euro-denominated loans. Major banks like JPMorgan Chase, Wells Fargo, BNP Paribas, Goldman Sachs, and UBS are involved in the loan issuance, while Bank of America is managing the bond sale. CD&R has agreed to purchase Sealed Air at $42.15 per share, valuing it at approximately $10.3 billion, including debt.

Sealed Air Corp, a key player in the Consumer Cyclical sector, operates primarily in the Packaging & Containers industry. The company is organized into two main segments: Food, which includes food packaging products like Cryovac, Darfresh, and OptiDure, and Protective, which features products such as Bubble Wrap and Instapak. These segments cater to both industrial and e-commerce applications. With a market capitalization of approximately $6.4 billion, Sealed Air is a significant entity within its industry.