Wed 02/08/2023 05:38 AM
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An ad hoc group of GenesisCare lenders is asking the Australia-headquartered oncology services provider’s other lenders to sign up to a cooperation agreement to pre-empt a potential Envision-style “dropdown” transaction by the company that would prime them, sources said.

The ad hoc group - which comprises six funds that are some of the largest holders and is working with Houlihan Lokey and Akin Gump - represents close to 40% of the group’s debt and is in touch with holders of around...
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