By Linda Chiem (June 11, 2015, 5:38 PM EDT) -- Several banks have already lined up to provide approximately €2.2 billion ($2.48 billion) in loan and bond financing to back private equity firm Apollo Global Management LLC's €2.95 billion ($3.3 billion) bid for Saint-Gobain's glass bottling unit Verallia, Reuters reported Thursday. Credit Suisse Group AG and Deutsche Bank AG are reportedly leading the financing with BNP Paribas, JP Morgan, Nomura, Societe Generale and UBS, according to the report. The financing will include approximately €1.65 billion of senior debt made up mostly of term loans, around €370 million of subordinated high-yield bonds, along with approximately €200 million of undrawn loans, Reuters said. Apollo is moving quickly to snag the financing to back its buy just days after it was announced that it had entered into exclusive talks with Saint-Gobain for the acquisition of Verallia after winning a high-stakes bidding war among a variety of suitors for the unit....
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