Daily News: October 12, 2017

Credit Suisse, Morgan Stanley Lead Financing to Support Bain Capital Buy


Reuters reported, citing bank sources, that in support of Bain Capital’s acquisition of NGA Human Resources, Credit Suisse and Morgan Stanley are leading debt financing.

Reuters noted that Deutsche Bank, Lloyds and RBC are working “alongside” Credit Suisse and Morgan Stanley in leading the financing, with £300 million ($397 million) of leveraged loans ready to aid the private equity firm in the transaction, which closed for an undisclosed amount.