Riverbed buyout to be funded by $575 mln senior notes offering
Riverbed Technology Inc and Project Homestake Merger Corp have announced that the latter intends to privately offer US$575 million of senior notes. Net proceeds of the offering will contribute to the funding of the acquisition of Riverbed by U.S. private equity firm Thoma Bravo and Teachers' Private Capital, an investment arm of Ontario Teachers' Pension Plan. The deal, which was announced in late 2014, is priced at US$3.6 billion. Based in San Francisco, Riverbed is a network equipment maker.
23 February 2015•5 mins read
