Private debt types haven’t had many new leveraged buyout deals to dig into this year, but Brookfield put a sizeable deal in front of them this week.
While it’s early days, sources said Brookfield and the banks were calling for final commitments around July 15. They have lenders running diligence, while pricing talks play out in the background. Bankers, rival buyout firms and credit investors are keen to see where the deal prices. Big Australian dollar TLBs are thin on the ground, and recent market volatility has made them even thinner.
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