Private Credit Piles Into OneStream Debt Despite Software Pains

A group of private credit firms led by Blue Owl Capital Inc. are providing a $1.4 billion loan to help buyout firm Hg finance the acquisition of OneStream Inc., eschewing broader concerns about the future of software companies.

Goldman Sachs Alternatives, Golub Capital, HPS Investment Partners and Blackstone Inc. are joining Blue Owl in providing financing for the deal, which values the financial software maker at about $6.4 billion, according to people with knowledge of the matter.