Friday - October 18, 2024
Paul Hastings Advised Carlyle in Strategic Partnership With KKR to Purchase Approximately $10.1B Portfolio of Prime Student Loans From Discover Financial Services
July 18, 2024
LOS ANGELES, California, July 18 -- Paul Hastings, a law firm, issued the following news:

Paul Hastings LLP advised Carlyle in connection with a strategic partnership with KKR to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services. The transaction is expected to close by the end of 2024.

Carlyle's investment in the portfolio was led by its Credit Strategic Solutions team, a group within its Global Credit business foc . . .

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