Ares Leads Private Credit Firms in Boosted Loan for Veritas Deal

Ares Leads Private Credit Firms in Boosted Loan for Veritas Deal


A group of private credit lenders led by Ares Management Corp. upsized their loan to a health-care software platform being acquired by Veritas Capital, leveraging a powerful clause that ensures the firm’s existing debt stays in place while the company changes hands.

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