Bain To Buy Bellsystem24

Bain Capital LLC will buy Bellsystem 24 Inc., Japanaese call center form Citigroup Inc. for 120 billion yen ($1.34 billion). The US private equity firm will receive 79 billion yen's worth of loans from Sumitomo Mitsui financial Group Inc., Mitsubishi UFJ Group Inc. and Mizuho Financial Group Inc. to help fund the transaction. The deal is the biggest private equity-related transaction this year, topping Goldman Sachs Group's $1.1 billion buyout of USJ Co., operator of Universal Studio's theme park, in March.