Happy Fourth of July to those who celebrate! It was a quiet week for obvious reasons with yesterday’s holiday, but there were still a few things to catch up on if you were away from the desk.

BMC Software priced a hefty refinancing this week with a new $4.31bn TLB and €1.475bn TLB due 2031, and $750m second lien term loan due 2032, all of which priced at the tight end of talk. In our preview of the deal, lenders said the company’s steady as she goes mainframe business was appealing to credit investors even if it lacks growth potential.