Banks, Private Credit Firms Face Off to Finance PowerSchool Buyout

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 42 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 63%

Powerschool Nouvelles

Bloomberg,Private Equity Firms,HPS Investment Partners

(Bloomberg) -- Private credit lenders and banks are competing to provide debt financing for a potential buyout of education software provider PowerSchool...

-- Private credit lenders and banks are competing to provide debt financing for a potential buyout of education software provider PowerSchool Holdings Inc., according to people with knowledge of the matter.Tesla Shareholder Group Slams Elon Musk’s $56 Billion Pay Package

Representatives from Ares, Blackstone, Blue Owl and HPS declined to comment. PowerSchool said in an emailed statement that it doesn’t comment on rumors and speculation.The amount of funded debt private lenders have discussed providing would be well over seven times PowerSchool’s earnings, the people said, a level banks may have a hard time matching because of regulatory constraints. Preferred equity is often used to fill that gap in bank-led financings.

Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cutThese two utilities stocks can be some of the best picks for investors if you want to shell out some capital for safe returns. The post 2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200 appeared first on The Motley Fool Canada.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Banks, Private Credit Firms Face Off to Finance PowerSchool BuyoutPrivate credit lenders and banks are competing to provide debt financing for a potential buyout of education software provider PowerSchool Holdings Inc., according to people with knowledge of the matter.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »