Lloyds Bank and Oaktree to Launch a New Direct Lending Facility

Lloyds Bank and Oaktree Capital Management, L.P. have announced a strategic partnership (the ā€œPartnershipā€) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktreeā€™s European Private Debt platform to provide clients with a comprehensive senior debt solution for new buyouts and refinancings with term debt, acquisition and working capital facilities in addition to agency and full ancillary product services. Building on Lloyds Bankā€™s 20-plus-year track record supporting sponsor-backed UK...

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