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Brookfield eyes US$3 billion in debt for Colonial Pipeline

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Summary
Nutrition label

69% Informative

Morgan Stanley is leading the financing and a deal could emerge in the leveraged loan or bond market as soon as early June , people say.

The Canadian asset management firm agreed to buy Colonial Enterprises for about US$9 billion in April .

Colonial operates the largest U.S. fuel pipeline system with a network covering more than 5,500 miles .

VR Score

81

Informative language

86

Neutral language

82

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources