SS&C Technologies to get $125 million senior secured credit facility

By Ashley Montgomery

Kansas City, Kan., Nov. 18 -SS&C Technologies, Inc. has entered into a commitment letter with Bank of America, NA for a new $125 million senior secured revolving credit facility, according to a company news release.

The new loan will replace the company's existing senior secured credit facility.

The company said it intends to use the facility for working capital and general corporate purposes.

SS&C is a subsidiary of SS&C Technologies Holdings Inc., a Windsor, Conn. -based provider of investment and financial software-enabled services.

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