HomeServe Seeks $1.8 Billion Whole-Business Securitization to Fund $600M Dividend to Brookfield
HomeServe is holding preliminary talks for a $1.8 billion bond issuance secured by its assets through a whole-business securitization arranged by Jefferies Financial Group. Proceeds are slated to refinance existing debt and to fund a $600 million dividend to owner Brookfield Asset Management. The planned financing would use a mix of public and priv…