LPC-Banks set to launch US$5.5bn-equiv Micro Focus loan

Newswire

By Claire Ruckin LONDON, Jan 11 (Reuters) - Banks are preparing to launch a US$5.5bn-equivalent leveraged loan backing UK software company Micro Focus International's acquisition of Hewlett Packard Enterprises'(HPE) software business, banking sources said. JP Morgan is leading the corporate leveraged loan, which is the largest-ever sole underwrite of an institutional term loan for a European company, one of the sources said. JP Morgan has been ...

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