Ares Seeks Partners for $5.5 Billion Dun & Bradstreet Financing

Ares Management Corp. has begun reaching out to other lenders to participate in a $5.5 billion financing to support Clearlake Capital Group’s buyout of Dun & Bradstreet Holdings Inc. in what would be one of the largest private credit deals ever arranged, according to people with knowledge of the matter.

The package under discussion consists of a $5 billion funded term loan and a $500 million revolver, said the people, who asked not to be identified discussing confidential information.

Pricing is being discussed around 5.25 to 5.5 percentage points over the Secured Overnight Financing Rate with an original issue ...