Metagenics eyes $500M private credit loan for refi, dividend to PE sponsor – PitchBook

The Punchline

Metagenics is seeking a $500 million private credit loan aimed at refinancing existing debt and distributing dividends to its private equity sponsor. The financing structure involves a mix of term loan and holdco debt.

Why You Should Read This

Understanding Metagenics' financing strategy provides insights into current trends in private credit and dividend distributions in the private equity space.

Who This Is For

This article is pertinent for private equity professionals, credit analysts, and institutional investors interested in private credit markets.

Investor Implications

The potential loan signals continued interest in leveraged financing by private equity firms and could impact future lending conditions and investor appetite in similar deals.