Robert F. Smith’s Vista targets $200 million debt savings

Robert F. Smith’s Vista targets $200 million debt savings

Key PointsVista Equity expects to save over $200 million annually by replacing private credit with syndicated loans across multiple portfolio companies.Vista is refinancing Finastra with $4.1 billion in syndicated loans, cutting into its $5.3 billion in high-cost private debt from 2023.The firm has also refinanced KnowBe4, Avalara, and Duck Creek, all acquired recently, to lower interest expenses.Vista Equity Partners, the technology-focused inv…