NBTY deal made up of $2.4 billion debt: source

NEW YORK (Reuters) - Private equity firm Carlyle Group's $3.8 billion deal for NBTY Inc NTY.N is made up of $2.4 billion debt financing and the rest in equity, a source familiar with the situation said on Thursday.

Of the debt financing, about $1.5 billion is in bank debt and about $900 million is bonds, or about 63 percent of the total, the source said. The remainder, about 37 percent, is equity, the source said.

A number of other private equity firms were also interested in NBTY, including TPG Capital LP TPG.UL, Bain Capital, Apollo Global Management and Blackstone Group LP BX.N, several sources said.

The deal with Carlyle includes a “go-shop” provision allowing others to counterbid. Blackstone is no longer involved or considering NBTY, however, one of those sources said.