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
Ares makes Australia private equity debut with majority stake in Redback Boots
Ares makes Australia private equity debut with majority stake in Redback Boots Ares Management has...
KKR leads $700m raise for Saviynt, valuing identity security leader at $3bn
KKR leads $700m raise for Saviynt, valuing identity security leader at $3bn KKR has led a $700m...
Blackstone joins BC Partners and Abrams in $907.5m US Salt acquisition as ContextLogic reinvents itself
Blackstone joins BC Partners and Abrams in $907.5m US Salt acquisition as ContextLogic reinvents...