Private credit lenders, including HPS Investment and Ares Management (ARES), are in discussions to provide roughly $4.5B of debt to fund Sycamore Partners’ potential buyout of Walgreens Boots Alliance (WBA) as part of a plan to split the company into separate entities, Bloomberg’s Ellen Schneider and Davide Scigliuzzo report, citing a person with knowledge of the mater.
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