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Philippines-based fruit juice manufacturer Del Monte Pacific Limited (DMPL) released details on a $1.28 billion credit backing its $1.675 billion acquisition of the Del Monte Foods (DMF) consumer food business, sources told Thomson Reuters LPC. The new credit is split between a $350 million asset-based revolving credit facility, a $650 million, seven-year term loan B and a $280 million, 7.5-year second-lien term loan. Pricing on the term loan B is LIB+375 with a 1 percent Libor floor. The loan will be priced at an original issue discount of 99-99.5. Call protection on the term loan B is set at 101 soft call for six months. The second-lien pays LIB+775 with a 1 percent Libor floor and will be priced at a discount of 98-98.5. The second-lien call protection is set at 103 Cheap Clemson Tigers Hats , 102, 101. Both loans are expected to be covenant-lite. The loans were offered to institutional investors Thursday morning at a bank meeting hosted by Citigroup, Morgan Stanley and KKR Capital Markets. Participants in the meeting received drink boxes and other goodies. Investors are expected to commit to the deal by November 18. DMPL expects to borrow $76 million of the asset-based facility at closing of the purchase. DMPL, unaffiliated with DMF, is a publicly traded company listed in Singapore and the Philippines. DMF is a privately owned U.S. manufacturer of processed foods. Following the spin-off of website its canned food business, DMF will focus on its pet food business under a new name. The acquisition Cheap Florida State Seminoles Hats , announced in October, is expected to close by the first quarter of 2014. Also in October, DMPL said the $1.675 billion transaction will be financed through a combination of $745 million of equity and the committed financing. KKR, Vestar and Centerview have owned DMF since March 2011. Del Monte Foods, Del Monte Pacific, Centerview Cheap Georgia Bulldogs Hats , Morgan Stanley and Citi could not be reached for comment by press time. KKR and Vestar declined to comment. DMPL is 67 percent-owned by NutriAsia Pacific Ltd (NPL). NPL is owned by the NutriAsia group, which is majority-owned by the Campos family of the Philippines, per a Reuters report. BDO Capital, Investment Corp. and Bank of the Philippine Islands provided committed financing to DMPL.
Why Do Dogs Dig?
Asking why dogs dig is almost like asking why they bark. Digging is part of a dog’s nature, and so are sniffing, barking Cheap Kansas Jayhawks Hats , and chewing. Dogs dig for several reasons. For some dogs, digging can be a pasttime. Digging can also be expected from dogs that are confined or isolated. Digging can be a favorable alternative activity when they get bored. Some dogs, however, dig purposefully. They can dig to bury objects. They can dig for food, whether it is to bury a bone, or take something that they previously buried. Weather can also push a dog to dig warming and cooling pits.
Solving the Digging Problem
Your dog’s digging may not always be a bother for you Cheap Lsu Tigers Hats , especially if your dog only dig once in a while, as long as it digs where appropriate. To contain dog digging only to what is appropriate and safe, you can provide your dog a special place where he can dig. This way, you can choose the spot and make sure that it is a safe place for the dog to spend a lot of time in. To teach your dog to dig in that spot, involve your pet as you prepare its own digging pit. Try to loosen up the soil so it will be easier for your dog to dig in that particular area. You can also make use of the dog’s toys and other accessories. By making like you are burying the objects there for him to find, your dog will get the idea and start digging where he should. Do this activity over and over again until your dog learns where it is supposed to dig. If you see your dog digging in a different place other than the designated digging pit Cheap Miami Hurricanes Hats , catch his attention with a loud noise, and direct it towards the correct digging pit. You can also reinforce the behavior by praising your dog when it finds the right digging pit.
Controlling Your Dog’s Digging
Digging cannot be completely prevented. Once in a while, you may find your dog digging. What you need to prevent is your dog’s digging turning into a regular habit. If the digging turns into an extreme problem, you need to control it already. There is no surefire way to take digging out of a dog, but you can simply keep your dog preoccupied with other activities to keep it from digging too much. Make sure that your dog interacts with people and other dogs as well. Take your dog out for regular walks. A properly socialized dog will display lesser tendencies of digging. Also, if you have a new puppy Cheap Michigan Wolverines Hats , make it a point to keep your new puppy away from a place where it can dig up dirt, such as the garden or yard. Although it is impossible to keep a dog away from these places completely, simply limit the time that they spend there. Also, since dogs usually stay in the garden or in the yard where they can roam around, you can also put toys and other treats out in the yard. So when your dog is outside and gets bored, it can turn to the toys Cheap North Carolina Tar Heels Hats , instead of to digging.
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MADRID, July 8 (Xinhua) -- Motorcyclist Enric Sauri, who was riding with the Motos Gaspar team, died on Saturday while participating in the Cataluna 24 Hours race which was being held at the Montmelo race circuit just outside of Barcelona, race organizers confirmed.
The 33-year-old Sauri died when his motorbike went off the circuit on the first corner and he collided with the crash barriers.
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