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Validity pivots to private credit as volatility hits

News & Analysis

Validity pivots to private credit as volatility hits

Shubham Saharan, David Brooke and Peter Benson15 Apr 2025 | US | 1 minute read

Sales and marketing software provider Validity has turned to direct lenders to finance its acquisition of Litmus, according to 9fin sources.

Private credit lenders are providing around $500m in debt to the company priced in the region of SOFR+500bps at a 98.5-99 OID, the sources said. Direct lenders participating in the financing include Antares and Churchill.

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26 Oct 2026

| US

Validity pivots to private credit as volatility hits

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Real Madrid set for AGM that could pave way for external investment

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