Solera $1.73 billion 11.47% high yield offering

1/3/2016

Acquisition finance, High-yield bond/note issue

Value:

$ 1.73 billion

Status:

Completed

Date:

1/3/2016

Overview:

Risk management software company Solera has made a $1.73 billion 11.47% high yield offering.
Proceeds from the offering will be used in connection with private equity firm Vista Equity Partners' LBO of Solera.
The bookrunners were led by Goldman Sachs.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal types:

Acquisition finance
High-yield bond/note issue

Practice areas:

Capital markets : Debt
Capital markets : High yield

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:

Milbank

Party: Goldman Sachs (Bookrunner)

Lawyers: Benjamin Miles, Rod Miller

Simpson Thacher & Bartlett

Party: Solera (Issuer)

Lawyer: Ryan Bekkerus

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