New Issue: Epicor Software prices $610 million second-lien notes due 2023 at par

By Paul A. Harris

Portland, Ore., June 5 – EGL Holdco, Inc., the direct parent of Epicor Software Corp., disclosed in an 8-K document filed with the Securities and Exchange Commission that it entered into a note purchase agreement with the GS Initial Purchasers, the Guggenheim Initial Purchasers and PCV Investment Sarl, Sicar relating to the issuance and sale of $610 million of senior secured second-lien floating-rate notes due 2023 at an issue price of par.

Proceeds, along with proceeds from a $1.4 billion term loan, will be used to refinance debt and fund a distribution to shareholders.

Epicor is a Dublin, Calif.-based provider of enterprise business software services.

Issuer:	EGL Holdco, Inc., the direct parent of Epicor Software Corp.
Amount:	$610 million
Maturity:	2023
Securities:	Senior secured second lien floating-rate notes
Managers:	GS Initial Purchasers, Guggenheim Initial Purchasers, PCV Investment Sarl
Price:	Par
Distribution:	Rule 144A and Regulation S

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