12:58 PM EDT, 10/16/2025 (MT Newswires) -- (Updates with Goldman Sachs' ( GS ) response in the fifth paragraph.)

Goldman Sachs ( GS ) , Deutsche Bank ( DB ) and other lenders are preparing to offload about $1.2 billion in debt that is financing the acquisition of a Finastra Group unit, Bloomberg reported Thursday, citing people familiar with the matter.

The loan, which will be split between dollars and euros, is expected to be syndicated in the coming weeks, the media outlet reported.

Other banks involved in the leveraged loan are also looking to move the debt, which has remained on their books since May, the report said. The delay comes as lenders received updated financials and await credit ratings, which are now anticipated soon, the people told the outlet.

Finastra agreed earlier this year to sell its treasury and capital markets unit to Apax Partners, with the deal expected to close in early 2026, according to Bloomberg.

Goldman Sachs ( GS ) declined to comment on the matter when requested by MT Newswires.

Deutsche Bank ( DB ), Finastra, and Apax Partners did not immediately respond to MT Newswires' request for a 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.)

Price: 765.77, Change: -2.16, Percent Change: -0.28