Paula Seligson

Paula Seligson

September 21, 2022 | Daily Business Review

Wall Street Banks Set to Lose About $600M on Citrix Debt

When private equity firms Vista Equity Partners and Elliott Investment Management announced their buyout of Citrix in January, getting in on the debt financing was a coup for the underwriters amid an era of megadeals.

By Paula Seligson, Gowri Gurumurthy and Jeannine Amodeo

6 minute read

September 07, 2022 | Daily Business Review

Banks Begin $4.5B Citrix Loan Sale in High-Profile Deal

Banks have been struggling to offload $15 billion of debt commitments that they agreed to provide in January to help finance the buyout of Citrix Systems Inc. by Vista Equity Partners and Elliott Investment Management.

By Paula Seligson and Gowri Gurumurthy

3 minute read

March 16, 2022 | Daily Business Review

Old-School Leveraged Loan Market Is Closer to Ditching Faxes

The $1.38 trillion U.S. leveraged loan market is nearing an innovation that could finally shift back-office operations to a centralized system and…

By Paula Seligson

4 minute read

November 17, 2021 | Daily Business Review

Florida's Hertz Selling $1.5 Billion Bond to Repay Apollo Preferred Stock

Hertz is in the process of cleaning up its balance sheet after emerging from bankruptcy in June and relisting on Nasdaq earlier this month, where the company raised $1.3 billion.

By Paula Seligson and Jack Pitcher

3 minute read