AIFinancial Postabout 12 hours ago
Arcmont, Ares Lead €1.1 Billion Loan to Software Firm Cegid
1 min read
Arcmont Asset Management and Ares Management Corp. are leading a €1.1 billion loan to French business software firm Cegid. The loan, priced at 550 basis points over Euribor with a 98 cent discount, will finance Cegid's acquisition of fintech Shine. Vista Credit Partners and PGIM Inc. are also involved.
Level
Hype check
Tap to vote and see what everyone thinks.
