Hexagon closes senior syndication after oversubscription

Swedish software company, Hexagon, has closed the senior syndication of its jumbo acquisition loan backing the takeover of US firm Intergraph Corp.

  • 16 Sep 2010

The loans of $2.125bn and (up to) Eu1bn were oversubscribed and mostly went to the Swedish company’s relationship banks, said bankers close to the deal.

The borrower will launch an $850m rights issue once the $2.125bn acquisition has gained regulatory approval and been completed. A small retail syndication of ...

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