Harp Bidco, a newly formed entity created by the consortium to carry out the deal, said in a stock exchange notice today (20 September) that four firms had agreed to provide a £1.75bn senior term loan on 2 August.
These included private credit giants HPS Investment Partners, KKR Credit Advisors, Apollo Global Management, and Blackstone Credit.
Hargreaves Lansdown agrees to £5.4bn PE takeover offer
The loan would help fund the consortium’s £5.4bn takeover offer for the investment platform, which was accepted by the board on 9 August and is pending approval by shareholders.
On Th…
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