Bain plugs NGA loan amid repricings
NGA UK, the provider of human resources software, launched a €300m loan on Wednesday, which it will be hoping appeals to CLO managers that have been eager for new money deals.
Private equity firm Bain Capital is buying NGA UK, the UK mid-market division of NGA Human Resources, for an undisclosed sum. The sale is expected to close early next year.The financing came out on Wednesday. It comprises a £260m
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