UK’s Sophos offers original issue discount on $320m LBO loan and tweaks structure

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UK’s Sophos offers original issue discount on $320m LBO loan and tweaks structure

Sophos, the UK antivirus software company, is offering a margin of 475bp over Libor and an original issue discount of 99 on a $320m (Eu262m) loan backing Apax Partners’ $830m leveraged buyout of the company.

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