Lloyds Banking Group and Oaktree Capital Collaborate on £1bn UK Buyout Funding
Discover how Lloyds Banking Group and Oaktree Capital's partnership is reshaping the landscape of buyout loans in the UK with a £1 billion initiative.
Lloyds Banking Group has recently announced a strategic partnership with Oaktree Capital to provide funding for UK buyouts. This collaboration will see Oaktree offering loans of up to £175m to Lloyds clients, aimed at supporting private equity takeovers and refinancing upcoming debt maturities within the UK mid-market. In addition to Oaktree's financial contribution, Lloyds will also be providing a portion of its own capital to support the loans.
The partnership between Lloyds and Oaktree aims to provide a comprehensive debt solution for clients, including term debt, acquisition financing, working capital facilities, as well as agency and ancillary product services. It is anticipated that up to £1bn will be deployed over the next three years through this partnership, offering a significant boost to businesses seeking financial support for buyouts and debt refinancing in the UK market.
The collaboration between Lloyds Banking Group and Oaktree Capital represents a significant opportunity for businesses in the UK mid-market to access much-needed funding for private equity takeovers and debt refinancing. With a focus on providing a comprehensive debt solution, this partnership is expected to have a positive impact on the financial landscape for businesses in the coming years.
Lloyds Banking Group and Oaktree Capital Collaborate on £1bn UK Buyout Funding
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