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Logmein subsidiaries11/13/2023 ![]() ![]() The Notes have not been and will not be registered under the Securities Act or any state or other jurisdiction’s securities laws. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will be offered to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. If the sale of the Notes is not completed concurrently with the closing of the Acquisition, then the proceeds from the sale of the Notes will be placed into escrow until the closing of the Acquisition. LogMeIn will assume all of the obligations of the Issuer under the Notes upon the consummation of the Acquisition. The net proceeds from the offering of the Notes, together with other financing sources, will be used to fund the acquisition (the “Acquisition”) of LogMeIn by affiliates of Francisco Partners and Evergreen Coast Capital Corp., the private equity affiliate of Elliott Management Corporation (“Evergreen”), and to pay certain related fees, commissions and expenses. The sale of the Notes is expected to be completed on August 31, 2020, and is anticipated to close concurrently with the closing of the previously announced Acquisition (as defined below), each subject to customary closing conditions. The offering was upsized to $950 million from the previously announced offering size of $750 million. (“Francisco Partners”), today announced that the Issuer has priced an offering of $950 million in aggregate principal amount of its 5.50% Senior Secured Notes due 2027 (the “Notes”). ![]() (the “Issuer”), controlled by affiliates of Francisco Partners, L.P. (“LogMeIn” or the “Company”) and Logan Merger Sub, Inc. 14, 2020 (GLOBE NEWSWIRE) - LogMeIn, Inc.
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