Imperial Tobacco closes $13 billion of loans

 

(Reuters) British cigarette maker Imperial Tobacco has closed loans of about $13 billion to back its acquisition of selected brands and assets from Reynolds American Inc, the lead banks said on Monday.
... Imperial agreed to acquire a portfolio of U.S. cigarette brands, Winston, Maverick, Kool, Salem and U.S. and international e-cigarette brand blu from Reynolds, after Reynolds announced its merger with Lorillard. Continued