Oak Hill Provides $775 Million Private Loan for Worldpac

By Yahoo! Finance | Sep 16, 2024 at 11:08 AM EST

Oak Hill Advisors granted a $775 million loan to Carlyle Group for acquiring Worldpac. The loan has 5.5% interest and Oak Hill is considering selling part of it. This deal reflects the resurgence of acquisition activities in the private equity sector.

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