Kinetic Concepts is planning to finance its leveraged buyout (LBO) by a group led by Apax Partners with a $2.6 billion term loan, Bloomberg reports. The debt financing includes $1.25 billion of senior secured notes, $900 million of senior unsecured bonds and a $200 million revolving credit line. Morgan Stanley, Bank of America and Credit Suisse are also providing funding for the $6.3 billion acquisition of San Antonio-based Kinetic, a provider of advanced healing technologies. Morgan Stanley is leading the loan, while Bank of America is handling the notes offering.

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