ATLANTA, January 31 /CNW/ - Infor, one of the largest global enterprise
software providers, today announced plans to refinance certain indebtedness.
Infor is seeking to refinance its existing $1,425 million Senior Subordinated
Bridge Facility with a new $200 million Senior Secured First-Lien Term Loan
and $1,275 million Senior Secured Second-Lien Term Loan. In addition, Infor is
seeking to amend its existing $2,394 million Senior Secured First-Lien
Facilities to permit the refinancing. Closing of the contemplated credit
facilities is expected to occur in late February. Infor has engaged J.P.
Morgan Securities Inc., Credit Suisse Securities LLC, and Merrill Lynch,
Pierce, Fenner & Smith Incorporated and their affiliates to arrange and
syndicate the refinancing.
Infor delivers fully integrated enterprise solutions, as well as
best-in-class standalone products that address the essential challenges its
customers face in areas such as enterprise resource planning, supply chain
planning and execution, customer and supplier relationship management, asset
management, product lifecycle management, financial management, performance
management and business intelligence. With more than 8,100 employees and
implementations in 100 countries, Infor provides enterprise solutions to more
than 70,000 customers. For additional information, visit www.infor.com.
For further information:
For further information: Infor Steve Earhart, Chief Financial Officer,