debt
confidence high
sentiment positive
materiality 0.75
SS&C completes Blue Prism acquisition; secures $1.53B in incremental term loans
SS&C Technologies Holdings Inc
- Completion of previously announced acquisition of Blue Prism Group plc on March 16, 2022.
- Incremental Joinder provides $650M U.S. Term Loan B facility and $880M Lux Term Loan B facility.
- Facilities mature March 22, 2029, bearing interest at Base Rate +1.25% or Term SOFR +2.25%.
- Proceeds used to finance portion of Blue Prism consideration and related expenses.