Source prnewswire
SS&C Announces Pricing of $750 million of Senior Notes
The Company is a global provider of investment, financial and healthcare software and software-enabled services.The Notes will have an interest rate of 6.500% per annum and will be issued at a price equal to 100% of their face value.The Company expects to increase the principal amount of the term B-8 loan after the closing of the Notes.The net proceeds of the offering will be used to repay the term B-8 loan and cash on hand.The Notes are being sold in a private placement to qualified institutional buyers.The Notes to be offered have not been and will not be offered in any state in which such offer, solicitation or sale would be illegal.About SS&C Technologies.There are 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-sized.Caution about forward-looking statements.The safe harbor provisions of the Private Securities Litigation Reform Act of 1995 allow forward-looking statements to be made.The source of the information.The Company is a global provider of investment, financial and healthcare software.The Company is a global provider of investment, financial and healthcare software-enabled services.
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