Fri 03/01/2024 06:39 AM
Ardonagh has finalized a $3.3 billion-equivalent unitranche this week denominated in dollars, euro and Australian dollars with a club of direct lenders, sources told Reorg.
Ares, Goldman Sachs, HPS, Nomura, JPMorgan, Antares, Guggenheim, CDPQ, KKR, Oaktree, Carlyle and Partners Group are providing the unitranche, which is paying 475 bps over the reference rate and priced with an OID of 98.5, sources said.
The debt comprises a $1.9 billion...
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