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Market Chatter: Deutsche Bank, RBC Plan $4.5 Billion Debt Sale For R1 RCM Purchase
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Market Chatter: Deutsche Bank, RBC Plan $4.5 Billion Debt Sale For R1 RCM Purchase
Aug 1, 2024 10:35 AM

01:20 PM EDT, 08/01/2024 (MT Newswires) -- Deutsche Bank AG ( DB ) and Royal Bank of Canada ( RY ) are putting together a $4.5 billion debt package to help fund Clayton Dubilier & Rice and TowerBrook Capital's planned acquisition of R1 RCM ( RCM ) , Bloomberg reported Thursday, citing people familiar with the matter.

The package could include a leveraged loan of as much as $4.1 billion, one of the people reportedly told Bloomberg. Such an amount would be the second-largest loan to help fund a buyout this year, according to the report.

(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.)

Price: 15.05, Change: -0.51, Percent Change: -3.28

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