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Published on 7/28/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Medline Industries to launch $7.8 billion of bridge loans on Thursday

By Sara Rosenberg

New York, July 28 – Medline Industries is scheduled to hold a lender call at 10 a.m. ET on Thursday to launch a $3.8 billion secured bridge loan and a $4 billion unsecured bridge loan, according to a market source.

JPMorgan Chase Bank, Goldman Sachs Bank USA, BofA Securities Inc., Barclays and Morgan Stanley Senior Funding Inc. are the leads on the deal, with JPMorgan the left lead on the secured bridge loan and Goldman the left lead on the unsecured bridge loan.

Medline is a Northfield, Ill.-based manufacturer and distributor of health care supplies to hospitals, post-acute settings, physician offices and surgery centers.


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