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Carlyle Buys $7.7 Billion in Consumer Loans as Truist Revamps
Source: Bloomberg
Credit & Bond MarketsPrivate Markets & VentureBanking & LiquidityCompany Fundamentals
Carlyle Group agreed to buy $7.7 billion of unsecured personal loans from Truist Financial. The deal is among Carlyle’s largest of this type and supports its expansion into asset-backed credit.
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