Wall Street Banks Kick Off $7 Billion Loan Sale Tied to Hologic Buyout


Blackstone Inc. and TPG Inc. agreed in October to buy Hologic for as much as $18.3 billion, including debt. Banks including Citigroup Inc., Bank of America Corp. and Barclays Plc committed at that time to provide $12.25 billion of debt financing. Canada’s PSP Investments, Oaktree Capital Management, Franklin Templeton and other private lenders snapped up the subordinated debt that banks had committed to.



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