SS&C Allocates $240 Million Term Loan, Launches $500 Million Syndication
MT newswire2026/11/02 12:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:06 AM EST, 11/02/2026 (MT Newswires) -- SS&C Technologies (SSNC) said Monday it allocated $240 million of additional term loans to lenders and launched a $500 million incremental term loan syndication, with the transactions anticipated to close in Q4. It also increased revolving credit commitments by $400 million and plans to extend maturities of the term loan and revolving facility to November 2031, the company said. Proceeds from the additional term loans, together with incremental long-term debt SS&C intends to incur, subject to market conditions, will fund general corporate purposes, including refinancing $2 billion of 5.5% senior notes due September 2027, SS&C said.
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