EQT AB has secured $1.425bn in private debt from a group of private credit lenders led by Goldman Sachs group to help finance its acquisition of medical device firm Zeus Company Inc, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as revealing that the credit facility for the $3.4bn buyout, which was aged earlier this month, consists of a $1.075bn term loan, a $150m revolver and $200bn.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
As well as Goldman, the group of lenders includes HPS Investment Partners, KKR & Co, Blackstone Inc, and Apollo Global Management Inc, according to the Bloomberg’s sources.
Source: PrivateEquityWire
Can’t stop reading? Read more
Top private equity news of the week
Top private equity news of the week L Catterton, the consumer-focused private equity firm backed...
Warburg Pincus-backed MIAX parent targets $1.7bn valuation in rare exchange IPO
Warburg Pincus-backed MIAX parent targets $1.7bn valuation in rare exchange IPO Miami...
Thoma Bravo to acquire stake in Trading Technologies in deal reportedly worth over $1bn
Thoma Bravo to acquire stake in Trading Technologies in deal reportedly worth over $1bn Thoma...