Banks Look to Revive Selling $2.4 Billion Patterson Buyout Debt

Banks are looking to revive a sale for a $2.35 billion financing for Patient Square Capital’s acquisition of Patterson Cos., a little over two months after they were forced to fund the debt, according to people with knowledge of the matter.

A group of Wall Street banks held a call with potential investors on Thursday to gauge appetite for a deal and share financial information on Patterson, said the people, who asked not to be identified discussing a private matter. A revised financing could include both high-yield bonds and leveraged loans, they added.