01:22 PM EDT, 07/23/2024 (MT Newswires) -- Ares Management ( ARES ) and HPS Investment Partners are among a group of direct lenders providing a $3 billion credit facility to finance Carlyle Group's ( CG ) potential bid for Baxter International's ( BAX ) kidney-care unit, Bloomberg reported Tuesday.

The debt package would include a $2.5 billion unitranche loan and a $450 million revolver, people familiar with the matter reportedly told Bloomberg.

Ares, HPS and Carlyle did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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