Bloomberg Law
March 2, 2022, 1:28 PM

KKR’s Envision Attracts Apollo, HPS, Pimco for New Capital Raise

Rachel Butt
Rachel Butt
Bloomberg News
Eliza Ronalds-Hannon
Eliza Ronalds-Hannon
Bloomberg News

Envision Healthcare Corp. is in talks with investors over a debt deal that would raise fresh cash while shifting certain assets away from existing creditors, according to people with knowledge of the matter.

The medical company backed by KKR & Co. is in talks with several investors, including Apollo Global Management and HPS Investment Partners, on providing the potential financing, said the people, who asked not to be identified because the matter is private. Existing lender Pacific Investment Management Co, which recently left an organized group of lenders, is also weighing participating, the people said.

Representatives for Envision ...