SS&C Completes $1.2 Billion Convertible Notes Offering and Adds $1.39 Billion in Loans
SS&C completed a $1.2 billion private offering of 2.75% convertible senior notes due 2031 and entered into capped call transactions intended to reduce potential dilution. It also added $240 million of Term A-9 loans and $400 million of revolving commitments; the body is truncated after noting another $750 million.
SS&C completed a $1.2 billion private offering of 2.75% convertible senior notes due 2031 and entered into capped call transactions intended to reduce potential dilution from conversions. The company also added $240 million of Term A-9 loans, $400 million of revolving commitments and $750 million o…