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Private Credit Offers Payment-in-Kind to Win Medtronic Deal

(Bloomberg) Private credit funds competing with banks to finance Carlyle Group Inc.’s potential buyout of some units of Medtronic Plc have offered a partial payment-in-kind feature in an effort to win the deal, according to people with knowledge of the matter.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powere ....

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Private Credit Offers Interest Deferral to Win Medtronic Deal

Private Credit Offers Interest Deferral to Win Medtronic Deal
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