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The loan is due to launch for syndication to investors in January, banking sources said.
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The financing is due to launch for syndication in the next couple of weeks, the sources said.
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The financing is expected to launch for syndication to investors next week with bank meetings taking place after Easter, they added.
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The loan is unlikely to launch for syndication until November given it is a carve-out from a public company, the sources said.
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The loans will launch for syndication to institutional investors in the next two to three weeks and will mainly target US-based investors, the sources said.
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The approximate €1.75bn senior leveraged loan, which includes undrawn facilities, is set to launch for syndication to leveraged loan investors within a couple of months.
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The deal launched for syndication on Tuesday.
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Increasing equity and reducing debt does not happen often once a deal launches for syndication but the popularity of LGC made it possible.
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An increase in new leveraged loans that launched for syndication in recent days has made more bank loan deals available to investors, investors said.
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The loans will launched for syndication to other banks this week, with a bank meeting due to take place next week, the bankers said.