KKR-Backed Medical Firm Lenders Tap PJT on $4 Billion Debt Load

A group of lenders to Global Medical Response has selected PJT Partners to help protect their interests amid concerns over the KKR & Co.-backed company’s debt load.

The same lenders have also been workingwith Gibson Dunn & Crutcher ahead of potential refinancing risks on more than $4 billion of debt coming due in 2025, according to people with knowledge of the matter.

Debt holders are also worried about the medical transportation company’s potential to exploit loopholes in the credit agreement such as moving assets out of lenders’ reach, the people added, asking not to identified because discussions are ...