Silver Lake raises 1 billion euros in loans for Software AG takeover
Summary
LONDON :Silver Lake on Tuesday raised a 1 billion euro ($1.10 billion) seven-year loan to fund its takeover of Germanys Software AG, breathing new life into the sluggish syndicated leveraged loan market.Software AG shares were last up 0.3 per cent on the day in Frankfurt.They have fallen by 13 per cent since hitting a multi-month high after Silver Lakes offer in April this year.Pressed for time?
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