Blackstone Leads $2 Billion Loan to Ontario Teachers’ Mitratech

Private credit firms led by Blackstone Inc. are supplying more than $2 billion to help software maker Mitratech refinance a bank loan package, according to people with knowledge of the matter.

Antares Capital is also providing a portion of the financing, which is being offered at a rate of 4.75 percentage points over the US benchmark, said the people, who asked not to be named because they’re not authorized to speak publicly.