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Wall Street Banks Lead $3.1B Debt Deal for CD&R

Bloomberg Markets •
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Goldman Sachs Group Inc., Bank of America Corp., and Barclays Plc are leading a $3.1 billion financing package for Clayton, Dubilier & Rice and Mc Kesson Corp.’s acquisition of Option Care Health. The financing includes leveraged loans, secured and unsecured bonds. The acquisition, valued at $5.8 billion, involves CD&R taking a 51% stake and Mc Kesson investing $1.4 billion for a 49% interest.

Option Care Health will be delisted from the Nasdaq upon closing, expected in the first half of 2027. The debt sale timing is still being finalized.

Source: Bloomberg Markets · Summarized by HeadlinesBriefing