debt
confidence high
sentiment neutral
materiality 0.55
SS&C subsidiary to offer $750M Senior Notes due 2032 to refinance existing term loans
SS&C Technologies Holdings Inc
- SS&C Technologies, Inc. intends to offer $750M aggregate principal amount of Senior Notes due 2032 in a private placement.
- Net proceeds, combined with term B-8 loan and cash, will repay term B-3, B-4, and B-5 loans under existing credit facilities.
- Notes guaranteed by SS&C Technologies Holdings and its domestic restricted subsidiaries that guarantee existing credit facilities.
- Offering to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
- Notes are unregistered; offering is subject to market and other conditions.