Goldman Sachs Group Inc. is reaching out to loan investors to gauge early interest for a highly-anticipated debt offering to help finance Thoma Bravo’s acquisition of human resources software provider Dayforce Inc., according to people with knowledge of the matter.
Goldman Sachs committed a $6 billion debt financing package to support the buyout, which included a $5.5 billion term loan and a $500 million revolving credit facility, Bloomberg previously reported. The deal, one of the largest buyout financings to come to the leveraged finance markets in months, could launch as soon as next week, the people said, asking not to be identified discussing a private transaction.
Goldman Sachs Readies $5.5 Billion Debt Deal for Dayforce Buyout
