Market Chatter: TPG, Clayton Dubilier & Rice Seek $2.5 Billion in Covetrus Debt Refinancing

MT Newswires Live
01/17

TPG (TPG) and Clayton Dubilier & Rice are in discussions with private-credit firms, including Blue Owl Capital, to secure at least $2.5 billion of debt financing for Covetrus, Bloomberg reported Friday, citing people familiar with the matter.

The financing would be used to refinance Covetrus' $2 billion of existing debt and support a potential acquisition, the report said.

TPG and Clayton Dubilier & Rice are also weighing an additional equity injection into Covetrus, a veterinary-technology company, to help finance a follow-on acquisition still under negotiation, the report said.

TPG, Clayton Dubilier & Rice, Covetrus and Blue Owl Capital did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 67.90, Change: +0.63, Percent Change: +0.94

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10