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Genesys expected to launch buyout credit facility this month
By Sara Rosenberg
New York, Jan. 3 - Genesys is anticipated to come to market sometime in January with a new credit facility to help fund its acquisition by Permira from Alcatel-Lucent, according to a market source.
Goldman Sachs & Co., Citigroup Global Markets Inc., RBC Capital Markets LLC and Macquarie Capital are leading the deal.
Under the agreement, Genesys is being acquired for around $1.5 billion.
Closing is expected early this year, subject to review by the Committee of Foreign Investment in the United States and other customary regulatory approvals and consultations in various countries.
Genesys is a Daly City, Calif.-based supplier of contact center technology software.
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