Kinetic Concepts Inc., the wound-care technology company controlled by Apax Partners LP and Canada Pension Plan Investment Board, set the rate on about $2.6 billion of loans on which it’s seeking to reduce borrowing costs, according to a person with knowledge of the transaction.
Kinetic Concepts Inc., the wound- care company that’s being purchased by Apax Partners Inc., is among companies planning to sell at least $3.3 billion of bonds in the U.S., according to data compiled by Bloomberg.
Kinetic Concepts Inc., a wound care company, changed the structure and proposed rates on a portion of a financing backing it’s buyout by Apax Partners Inc., according to two people with knowledge of the deal.
Kinetic Concepts Inc., a maker of wound-care products and hospital beds, agreed to be acquired for $4.98 billion in cash by a group including private-equity firm Apax Partners LLP in the biggest leveraged buyout since the collapse of Lehman Brothers Holdings Inc.
Kinetic Concepts Inc. plans to finance its leveraged buyout by a group led by Apax Partners LLP with a $2.6 billion term loan, the second-largest such debt offering this year, according to two people with knowledge of the deal.