KKR has mandated a syndicate of banks to finance the deal, a source told Reuters, in a rare win for the traditional banking industry which has been ceding the buyout financing market share to private ...

KKR did not comment on the potential deal. Cotiviti and Veritas Capital didn’t respond to requests for comment by press time. This story was originally published on Healthcare Dive.

The broader $1.5 trillion syndicated loan market has already seen a revival this year, according to Chris Long, founder and CEO of Palmer Square Capital Management, a Kansas City-based credit manager.

North America Leveraged Loan: Cotiviti’s US$5bn term loan Market homerun Energising a dormant market for new transactions after a start of the year focused on repricing credits, the US$5bn first-lien ...

Running hot The floodgates may not have fully opened for private equity deals in 2024, but KKR’s capital markets team led landmark financings for portfolio firms CyrusOne and Cotiviti and a string of ...

KKR and Veritas will have equal ownership stakes in Cotiviti following the deal's closure, expected in the second quarter of 2024. The financial details about the transaction, which will ...