Banks Line Up $3.1 Billion Debt for Lone Star’s Hillenbrand Buy

Bank of America Corp. and UBS Group AG are leading a roughly $3.1 billion debt financing backing Lone Star Funds’ take-private of equipment company Hillenbrand Inc., as the flow of...

By Claire Ruckin, Jeannine Amodeo · Bloomberg Markets

Bank of America Corp. and UBS Group AG are leading a roughly $3.1 billion debt financing backing Lone Star Funds’ take-private of equipment company Hillenbrand Inc., as the flow of cross-border debt deals starts to pick up.