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Openlink readies New York and London bank meetings for next week
By Sara Rosenberg
New York, Feb. 8 – Openlink Financial LLC is scheduled to hold a bank meeting in New York on Monday and a bank meeting in London on Tuesday to launch new credit facilities, according to a market source.
UBS Investment Bank is the lead bank on the deal.
Proceeds will be used to help fund the acquisition of the company by ION Investment Group from Hellman & Friedman.
Openlink is a Uniondale, N.Y.-based provider of trading and risk management solutions for commodity, energy, corporate and financial services organizations. ION is a provider of trading and workflow automation software solutions to financial institutions, central banks, governments and corporations.
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