Vet Firm IVC Evidensia Scraps $5.5 Billion Leveraged-Loan Deal

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Europe’s largest veterinary services provider, IVC Evidensia Ltd., has shelved a plan to extendBloomberg Terminal about $5.5 billion of debt, adding to a number of stalled leveraged loan deals this year.A group of lenders led by Goldman Sachs Group Inc. launched the deal earlier this month, but withdrew the transaction from the syndicated market, according to people familiar with the matter, who asked not to be identified because they’re not authorized to speak publicly.