Banks Market $500 Million Bond to Fund CD&R’s Presidio Purchase

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Banks Market $500 Million Bond to Fund CD&R’s Presidio Purchase
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A group of banks including Citigroup Inc. and JPMorgan Chase & Co. kicked off a $500 million bond deal to support Clayton Dubilier & Rice’s planned purchase of a majority stake in tech-services company Presidio Inc., according to a person with knowledge of the matter.

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