US LevFin Wrap — Citrix makes way for Brightspeed, RCL sets sail with refi
- William Hoffman
- +Sasha Padbidri
- + 1 more
It’ll be fun to relive it all when that happens. But for now, we’re willing to bet that most people in the credit markets are just glad it’s over.
There’s just one catch: it’s not really over yet. The syndicated debt may have priced, but the banks are still sitting on a small mountain of Citrix debt that they would much rather not hold onto, so it’s a pretty fair assumption that they’ll already be working on strategies to offload it.