The Carlyle Group is close to finalising a $464m bond issuance backed by music royalty rights from a range of international artists including Katy Perry, Keith Urban, and Benny Blanco, according to a report by Bloomberg.

A syndicate of private credit lenders has agreed to convert a portion of their debt in International Data Group (IDG) into equity, in a move aimed at stabilising the Blackstone-backed company amid a challenging high-rate environment, according to a report by Bloomberg.

Bain Capital has secured a $136m financing package to support its minority investment in Dhoot Transmission Group, a leading Indian automotive components manufacturer, according to a report by Bloomberg citing sources familiar with the matter.

Goldman Sachs Group is among a select group of major Wall Street banks preparing to provide $4.25bn in debt to support Sycamore Partners’ acquisition of UK pharmacy chain Boots, a key component of the private equity firm’s $12.5bn buyout of Walgreens Boots Alliance, according to a report by Bloomberg.

Abu Dhabi’s Mubadala Investment Company has formed a $1bn strategic alliance with Fortress Investment Group, targeting opportunities across private credit, asset-based finance, and real estate lending, according to a report by Reuters citing a joint statement released on Thursday.

Capital Group and KKR have received regulatory clearance from the US Securities and Exchange Commission (SEC) to launch two co-branded credit funds, marking a significant milestone in their strategic partnership aimed at expanding access to private credit among retail investors, according to a report by Bloomberg.

KKR has secured approximately €1.1bn in unitranche financing from a group of direct lenders to support its acquisition of Karo Healthcare, opting to bypass a traditional syndicated loan package initially arranged by a group of banks, according to a report by Bloomberg.