Private credit lenders in talks to provide $1.3bn for L Catterton's Fullscript buyout
A consortium of private credit lenders is in discussions to provide $1.3bn in financing for L Catterton's acquisition of healthcare technology platform Fullscript, after the transaction struggled to attract sufficient demand in the syndicated leveraged loan market, according to a report by Bloomberg. A banking group led by Morgan Stanley had originally underwritten the debt at a maximum spread of…
We haven't written up this one. Private Equity Wire has the full story — the link below goes straight to it.
