Reported 2 days ago
Carlyle Group Inc. has secured a $318 million private loan to acquire a majority stake in the Australian waste management company Waste Services Group Pty. This financing comes from a unitranche loan provided by Ares Management Corp., KKR Credit Advisors, and UBS Group AG, with Livingbridge EP LLP retaining a minority stake in the company. Carlyle's shift from a leveraged buyout bank loan to private credit reflects a growing trend in Australia's leveraged buyout market.
Source: YAHOO