C · News · 20260805N

Acquisition / Partnership / Divestiture

CITIGROUP INC · 2026-08-05 · Importance 34 · Surprise 42

Citigroup is leading a US$2.45 billion debt financing package supporting KKR & Co.’s acquisition of Integer Holdings. The package comprises a US$2.1 billion term loan and a US$350 million revolving credit facility, with Barclays, UBS, and Jefferies participating. KKR agreed to acquire the medical-device maker for $4.4 billion, and the financing represents Citi’s second lead role in a major medical-device buyout in 2026 after an $8.75 billion Hologic financing.

Key facts

• KKR & Co. Inc. entered into a definitive agreement to acquire Integer Holdings Corporation for $4.4 billion, and Citigroup is leading preparations for debt financing to support that acquisition. source
• Citigroup settled a $70 million lawsuit filed by Loomis, Sayles & Co. over alleged trading mishandling in 2022. source