Blue Owl Leads $2 Billion Private Credit Loan to Software Firm RLDatix
- Ares, Golub also involved in heath care software lending deal
- Private debt includes a $1.6 billion seven-year term loan
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Blue Owl Capital Inc. is leading a $2 billion-plus private credit package for health care software company RLDatix, according to people with knowledge of the matter.
Ares Management Corp. and Golub Capital are also significant lenders in the financing, said the people, who asked not to be identified discussing a private transaction. The deal includes a $1.6 billion seven-year term loan, a $250 million delayed-draw term loan and a $200 million revolver. The new debt will mostly be used to refinance existing facilities.