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Prospect News home > News index > List of issuers S > Headlines for SolarWinds, Inc. > News item
Published on 2/21/2018 in the Prospect News Bank Loan Daily.

SolarWinds to launch $1.93 billion first-lien term loan on Thursday

By Sara Rosenberg

New York, Feb. 21 – SolarWinds Inc. is set to hold a lender call at 11 a.m. ET on Thursday to launch a $1.93 billion first-lien term loan, according to a market source.

The company is also getting a $375 million second-lien term loan that has been privately placed, the source said.

Goldman Sachs Bank USA, Credit Suisse Securities (USA) LLC, Macquarie Capital (USA) Inc. and Nomura are the lead banks on the deal.

Proceeds will be used to refinance existing credit facilities.

SolarWinds is an Austin, Texas-based provider of IT network and systems infrastructure management software.


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