Genpact plans to pay down revolver from new notes

Chicago, Nov. 14 – Genpact Ltd. plans to use the proceeds from a new offering of 3.375% five-year notes to repay outstanding loans under its revolving credit facility, according to a news release.

The company priced $400 million of new notes at a 175 bps spread on Thursday.

The notes were issued by subsidiary Genpact Luxembourg Sarl.

Genpact Luxembourg is a Luxembourg-based global professional process services firm. The parent company is based in New York.

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