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Caris Life Sciences Secures Up to $1.2B Senior Secured Facilities from Blue Owl & Blackstone
Caris Life Sciences has secured up to $1.2 billion in senior secured credit facilities from funds managed by Blue Owl Capital and Blackstone. The financing package includes an initial $400 million term loan, a $300 million delayed draw term loan for acquisitions, and an uncommitted $500 million incremental facility. The obligations are guaranteed by Caris subsidiaries and secured by substantially all tangible and intangible personal property.