Genesys readies launch of $675 million term loan for next week

By Sara Rosenberg

New York, Jan. 17 - Genesys is scheduled to hold a bank meeting in London on Monday and one in New York on Tuesday to launch a $675 million first-lien term loan, according to a market source.

Goldman Sachs & Co., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets LLC are the lead banks on the deal.

Proceeds will be used to refinance existing debt.

The deal is essentially expected to extend and reprice the existing term loan B, another source added.

Genesys is a Daly City, Calif.-based supplier of contact center technology software.

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