Misys launches $5.7 bln-equivalent loan for DH Corp deal: Reuters

U.K. financial software provider Misys has launched a jumbo US$5.7 billion-equivalent financing backing its merger with Canadian fintech company DH Corp, Reuters reported. The deal will bring much-desired supply to the loan market on both sides of the Atlantic during a period of subdued new issuance and rampant re-pricings. U.S. private equity firm Vista Equity Partners said in March it would buy Toronto-based DH Corp for $4.8 billion and combine it with Misys, which abandoned plans to list on the London stock market in 2016, blaming shaky market conditions.

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