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PE-backed K2 Insurance refinances private credit debt with $500m leveraged loan

Private Equity Wire

K2 Insurance Services has joined the growing list of companies looking to reduce borrowing costs by swapping private credit debt for leveraged loans by initiating $500m refinancing deal, according to a report by Bloomberg. percentage points above the Secured Overnight Financing Rate (SOFR), offered at 99.5 cents on the dollar.

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A Lawyer Shows You How to Negotiate Down Your Debts With Creditors

The Motley Fool

It was a satisfying profession because my clients had gotten in over their heads for one reason or another (lost a job, illness, or something else) and my job was to help them get out of debt and breathe a little easier. Second, you will need a lump sum of money ready to pay off the debts. Most creditors would get nothing in that case.

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The Fastest Way to Go Into Debt When Investing

The Motley Fool

A minute is how long it takes to turn an uphill ride into a downhill, off-the-rails plunge into debt. Just ask crypzsof, a Redditor who recounted the tale of how he started with $30,000, peaked at $1 million in his brokerage account , and ended up $50,000 in debt. Leverage is the fastest way to lose it all. Is leverage bad?

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Banks ramp up leveraged buyouts as interest rates fall

Private Equity Wire

Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg. Lending limits have also increased.

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JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

are in talks to provide as much as $8 billion in financing for a buyout of DocuSign Inc. and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discussing the transaction. KKR & Co.

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CoreWeave Secures $7.5 Billion Debt Financing Facility led by Blackstone and Magnetar

Blackstone News

Reinforces CoreWeave’s market position as the AI hyperscaler Builds on CoreWeave’s significant momentum, evidenced by over $12 billion raised from equity and debt investors over the last 12 months Historic financing builds on the Company’s recently announced $1.1 billion Series C and $2.3 This includes a landmark $1.1

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Thoma Bravo eyes private debt for $3.5bn ConnectWise financing

Private Equity Wire

Thoma Bravo is reaching out to private credit lenders as it looks to secure approximately $3.5bn in new financing for its automated professional services provider, ConnectWise, according to a report by Bloomberg. This financing effort follows an unsuccessful attempt to sell the company more than a year ago, according to one source.