SS&C Announces Allocation of $240.0 Million of Incremental Term A-9 Loans and $400.0 Million Revolving Credit Facility Upsize and Launch of $500.0 Million of Incremental Term B-8 Loans
SS&C announced a package of credit-agreement transactions: $240.0 million of incremental Term A-9 loans, a $400.0 million revolver upsize, and a $500.0 million Term B-8 syndication launch, with term A and revolver maturities extended to November 2031. Proceeds, along with additional near-term long-term debt, are earmarked for general corporate purposes including refinancing the $2.0 billion of 5.500% Senior Notes due September 2027.
Key figures
- Revolver upsize
- 400000000
- Maturity extension
- November 2031
- Notes to refinance
- 5.500% Senior Notes due September 30, 2027 ($2,000.0 million outstanding)
- Pro forma term a loans
- 1000000000
- Pro forma term b loans
- 4247000000
- Incremental term a9 loans
- 240000000
- Incremental term b8 loans
- 500000000
- Pro forma revolver commitments
- 1000000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.