Carlyle Buys $7.7 Billion in Consumer Loans as Truist Revamps
Carlyle Group Inc. has agreed to buy $7.7 billion of unsecured personal loans from Truist Financial Corp., among the asset manager’s largest such deals as it expands a push into...
By Scott Carpenter · Bloomberg Markets
Carlyle Group Inc. has agreed to buy $7.7 billion of unsecured personal loans from Truist Financial Corp., among the asset manager’s largest such deals as it expands a push into asset-back credit.