Bomgar readies launch of incremental term loan for Wednesday

By Sara Rosenberg

New York, July 10 – Bomgar is set to hold a lender call at noon ET on Wednesday to launch an incremental term loan (B-), according to a market source.

Jefferies LLC is the lead on the deal.

Proceeds will be used to help fund the acquisition of Avecto, a provider of endpoint privilege management.

Closing is expected on July 31.

Bomgar is a provider of remote support and privileged access management solutions to enterprise customers.

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