Apollo Leads £600 Million Private Debt to Back Mydentist Buyout

Apollo Global Management is leading a £600 million ($812 million) private credit package for UK dental chain Mydentist, people with knowledge of the matter said.

KKR & Co.’s private credit arm will join Apollo in lending to the business to support its buyout by private equity firm Bridgepoint Group, the people said.

The package includes a £475 million unitranche loan in addition to an acquisition line. Such credit facilities are usually undrawn at the time of issuance and can be used by the business to buy other companies in the future.

Mydentist operates more than 500 dental practices in ...