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Dynatrace to launch $1.18 billion credit facilities on Monday
By Sara Rosenberg
New York, July 19 – Dynatrace is scheduled to hold a bank meeting at 1:30 p.m. ET on Monday to launch $1.18 billion of senior secured credit facilities, according to market sources.
Jefferies LLC is the left lead bank on the deal.
The facilities consist of a $60 million five-year revolver, a $950 million seven-year first-lien term loan and a $170 million eight-year second-lien term loan, sources said.
Proceeds will be used to refinance debt.
Dynatrace is a Waltham, Mass.-based digital performance management company.
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