Apollo Global Management and HPS Investment Partners are among lenders that have offered to help provide a $5.5 billion loan supporting the buyout of health-care technology firm Cotiviti in what would be the largest buyout financing ever arranged by private credit firms, according to people with knowledge of the matter, reports Bloomberg. Blackstone along with multiple other lenders, is also expected to participate in the financing for Carlyle Group’ Inc.’s ‘s acquisition of half the company currently owned by Veritas Capital, said the people, who asked not to be identified discussing a private transaction. Read more.
Apollo, HPS Pile into Record $5.5B Private Credit Deal
