US: TRU to float again?

Reports from the US suggest that Toys R Us may be readying a public offering again.
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According to the New York Post, the firm is looking to raise as much as $1bn with a summer share issue as a way of financing its $5bn debt.

Bain Capital, Kohlberg Kravis Roberts and Vornado Realty are now interviewing investment banks as potential underwriters says the report.

Amongst the investment banks being interviewed are Goldman Sachs, Deutsche Bank and JPMorgan Chase.


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