Deutsche Bank, Goldman to Sell $1.2 Billion Finastra Unit Debt

Deutsche Bank, Goldman to Sell $1.2 Billion Finastra Unit Debt

Deutsche Bank AG and Goldman Sachs Group Inc. are among the banks getting ready to sell roughly $1.2 billion of debt that’s financing the buyout of a unit of Finastra Group Holdings Ltd.

Banks Prepare to Sell Debt Associated With Apax Acquisition of Finastra Unit

Banks are reportedly preparing to sell $1.2 billion of debt associated with Apax Partners’ acquisition of Finastra’s treasury and capital markets business. Deutsche Bank, Goldman Sachs and several other banks are working on the leveraged loan deal, which is expected to launch for syndication within weeks, Bloomberg reported Thursday (Oct. 16). The deal was announced in May, and the banks have been waiting for up-to-date financials and …