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Note: The $320m (Eu262m) loan backing Apax Partners' $830m leveraged buy-out of UK antivirus software company Sophos is oversubscribed following the reduction of the original issue discount from 99 to 96.
Documents are out with the investors for sign off and the deal is set to be wrapped up early next week. The facility includes a $90m term loan 'A', a $210m 'B' piece and $20m revolver.
The amortising...