Clearlake Nears $5.5 Billion Private Debt for Dun & Bradstreet

Clearlake Nears $5.5 Billion Private Debt for Dun & Bradstreet

Clearlake Capital Group is close to inking a $5.5 billion private debt package to support its acquisition of Dun & Bradstreet Holdings Inc., marking one of the largest private credit deals on record, according to people with knowledge of the matter.

Barings expands Global Private Finance Group with managing director hire

Barings Global Private Credit has hired Kevin Mihelic to its Global Private Finance Group as managing director. Mihelic will be based in New York and will be responsible for structuring, executing, underwriting, and managing North American private finance investments, according to his biography on Barings’ website. The appointment was announced by Barings in a LinkedIn post […] The post Barings expands Global Private Finance Group with managing …

Clearlake eyes $5.5bn private credit deal to fund Dun & Bradstreet buyout - Private Equity Wire

Clearlake Capital Group has lined up $5.5bn in private debt financing to support its pending acquisition of data and analytics firm Dun & Bradstreet Holdings, in what is shaping up to be one of the largest private credit transactions on record, according to sources familiar with the matter. The financing, led by Ares Management, comprises a $5bn funded term loan and a $500m revolving credit facility, structured to replace a previously arranged $…

StockNews.com Initiates Coverage on Dun & Bradstreet (NYSE:DNB)

StockNews.com assumed coverage on shares of Dun & Bradstreet (NYSE:DNB – Free Report) in a report published on Wednesday. The firm issued a hold rating on the business services provider’s stock. A number of other brokerages also recently commented on DNB. The Goldman Sachs Group lowered their price target on shares of Dun & Bradstreet […]