JPMorgan Lines Up $1.85 Billion Debt Package to Finance Belden’s Ruckus Acquisition
JPMorgan Chase & Co. is preparing a $1.85 billion debt financing package to support Belden’s purchase of Ruckus Network, with the leveraged loan due to be marketed to institutional investors imminently. JPMorgan had earlier provided a fully committed debt commitment for the deal and has added other lenders, including Wells Fargo & Co. Belden agreed…