debt
confidence high
sentiment neutral
materiality 0.50
SS&C announces $2,775M incremental term B-8 loan refinancing to repay existing term loans
SS&C Technologies Holdings Inc
- Intends to borrow up to $2,775M in incremental term B-8 loans under existing credit agreement.
- Proceeds together with unsecured debt and cash on hand to repay all amounts owed under term B-3, B-4, B-5 loans.
- Transaction subject to market and other conditions; expected to close in Q2 2024.