NBTY, the Carlyle Group LP-controlled maker of nutritional supplements, is seeking to cut borrowing costs on a $1.51 billion term loan to 2.5 percentage points more than Libor from 3.25 percentage points, according to another person with knowledge of the matter, who asked not to be identified because it’s private.
Remember the easy credit terms during the PEU manic buying spree from 2005-2007 and the crazy securitizations? Could they be back?
Add this blurb from the same story:
Blackstone Group LP (BX) tripled a credit line to $2.1 billion from $600 million to buy single-family homes, according to a person with knowledge of the matter. Deutsche Bank AG is leading the transaction for the manager of the largest real estate private-equity fund, which has invested $3.5 billion to buy 20,000 single-family rental homes since last year.
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