Chemical Bank has agreed to underwrite a loan of over $500 million to help finance what would be the biggest leveraged buyout in a year, banking sources said.

Texas billionaire Robert Bass has teamed up with Haas, Wheat & Partners to acquire a collection of privately owned specialty food brands for a little over $1 billion, the sources said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.