Banks Unload $2 Billion of Hung Debt Tied to Patterson Buyout

Banks Unload  Billion of Hung Debt Tied to Patterson Buyout



Banks Unload $2 Billion of Hung Debt Tied to Patterson Buyout
Banks led by UBS Group AG and Citigroup Inc. have revived and offloaded about $2 billion of debt to support Patient Square Capital’s acquisition of Patterson Cos., more than three months after the bonds and loans got stuck on their books due to tariff turmoil in the market.


www.bloomberg.com
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