Feb. 1 (Bloomberg) -- TPG Capital LLP will fund its buyout of GlobeOp Financial Services SA, a hedge fund administrator, with $291 million of debt.
Credit Suisse Group AG is arranging the financing, Fort Worth, Texas-based TPG said in a statement today.
The private equity firm agreed to buy GlobeOp, based in London and New York, for about 508 million pounds ($800 million), or 435 pence a share.
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