Private Credit Eyed for Part in Hologic’s $12 Billion Debt Deal

A group of Wall Street banks are considering bringing in private credit firms on a portion of a $12.25 billion debt financing to support Blackstone Inc. and TPG Inc.’s acquisition of medical device-maker Hologic Inc., according to people with knowledge of the matter.

The lenders are also debating bringing on other banking rivals ahead of potentially launching a deal in the leveraged loan market in January, said the people, who requested anonymity to discuss private deliberations.

Hologic’s financing package is expected to include a $2 billion second-lien loan, some of which may be sold to private credit firms, ...