Ares Management and JPMorgan Chase & Co are among a group of lenders providing approximately $800m in private credit financing to support Apollo Global Management’s investment in Canadian fitness operator GoodLife Group, according to a report by Bloomberg citing unnamed people familiar with the transaction.
The financing package includes a $675m first-lien term loan and a $125m revolving credit facility. Other participants in the deal include Antares Capital, with the group acting as lenders...
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