Genesys Telecommunications to place $700 million notes due 2024

By Marisa Wong

Morgantown, W.Va., Nov. 11 – Genesys Telecommunications Laboratories, Inc. and its parent companies, Greeneden U.S. Holdings II, LLC and Greeneden Lux 3 Sarl, plan to offer up to $700 million of senior notes due 2024 through a private placement, according to a press release.

The notes are expected to be guaranteed by Greeneden II’s parent company, Greeneden U.S. Holdings I, LLC, and some wholly owned domestic and foreign subsidiaries of Genesys and Lux 3.

The issuers intend to use proceeds to fund the previously announced acquisition of Interactive Intelligence Group, Inc., as well as for general corporate purposes, including the repayment of existing debt.

Genesys is a San Francisco-based provider of omnichannel customer experience and contact center solutions. Interactive Intelligence is an Indianapolis-based provider of cloud and on-premise solutions for customer engagement, communications and collaboration.

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