10:51 AM EDT, 10/10/2025 (MT Newswires) -- Goldman Sachs ( GS ) and Bank of America ( BAC ) are among the lenders preparing more than 4 billion euros ($4.63 billion) in debt to finance Carlyle's (CG) purchase of a stake in BASF's coatings business, Bloomberg reported Friday, citing people familiar with the matter.

The debt will likely include leveraged loans and high-yield bonds in euros and dollars, the report said.

Carlyle and Qatar Investment Authority said earlier Friday that they have agreed to acquire BASF's automotive coatings and surface treatment businesses in a deal valued at 7.7 billion euros. BASF said it will reinvest and take a 40% stake in the coatings unit.

Carlyle, Bank of America ( BAC ), and Goldman Sachs ( GS ) did not immediately respond to MT Newswires' request for comment on the matter.

(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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