September 21, 2022 | Daily Business Review
Wall Street Banks Set to Lose About $600M on Citrix DebtWhen 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 DealBanks 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 FaxesThe $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 StockHertz 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
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