Medline’s $7.27 Billion Loan Is Largest LBO Funding Since 2013
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Medical supply company Medline Industries Inc. is poised to get the largest leveraged buyout loan in eight years, according to data compiled by Bloomberg.
The dollar tranche of its takeover financing was just upsized for a second time, going to $7.27 billion from $6 billion originally. That would be the second-largest broadly syndicated dollar LBO loan -- trailing only Heinz -- since Bloomberg began tracking the data in 2013.