McAfee opens megadeal pipeline


Market Wrap

McAfee opens megadeal pipeline

Owen Sanderson's avatar
  1. Owen Sanderson
9 min read

McAfee Corp launched the first multicurrency megadeal of the new year this week, launching the $5.6bn loan tranche to fund the $14bn buyout of the antivirus software company by a consortium of six firms. The market backdrop is quickly turning ugly, but the marquee deal has been extensively premarketed, and offers a chance to lend to a big liquid capital structure for a company leading its category.

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