Clayton, Dubilier & Rice has delayed plans to raise £6.6bn in debt to finance its buyout of Morrisons.
The US private equity group had planned to tap markets late last month for a financing package that would include one of the largest sterling bond sales on record, after agreeing the £10bn deal to take control of Britain’s fourth-largest supermarket chain in October.
The refinancing plan has now been put back to 2022, people familiar with the matter said, as bond market investors grow increasingly nervous about the potential impact of the Omicron variant of coronavirus.
