Clearlake Nears $5.5 Billion Dun & Bradstreet Private Debt Deal

Clearlake Capital Group has secured $5.5 billion of private debt to support its acquisition of Dun & Bradstreet Holdings Inc., marking one of the largest private credit deals on record, according to people with knowledge of the matter.

Ares Management Corp. led the financing, which consists of a $5 billion funded term loan and a $500 million revolver, said the people, who asked not to be identified discussing private information. The loan pays 5.5 percentage points over the Secured Overnight Financing Rate and was issued at a discounted price of 99 cents on the dollar, they said.