Centerbridge Taps $1.4 Billion of Private Debt for MeridianLink

MeridianLink Inc. signage on the floor of the NYSE.

Photographer: Michael Nagle/Bloomberg

A group of private credit firms are providing nearly $1.4 billion of loans to support Centerbridge Partners’ acquisition of financial software platform MeridianLink Inc., according to people with knowledge of the matter.

Goldman Sachs Asset Management, alongside Blackstone Inc., Ares Management Corp., Blue Owl Capital Inc. and Antares Capital are participating in the financing, said the people, who asked not to be identified discussing private information. The loan is set to be split equally among lenders, they said.