Flexera to launch $425 million incremental term loan on Wednesday

By Sara Rosenberg

New York, Nov. 28 – Flexera Software LLC will hold a lender call at 3:30 p.m. ET on Wednesday to launch a $425 million incremental first-lien term loan due March 2028, according to a market source.

Jefferies LLC, Barclays, UBS Investment Bank, Goldman Sachs Bank USA and Mizuho are the arrangers on the deal.

Proceeds, along with equity, will be used to fund an acquisition.

Flexera is an Itasca, Ill.-based provider of SaaS-based IT management solutions that enable enterprises to accelerate digital transformation and multiply the value of their technology investments.

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