business / news / / The Economic Times
Mumbai-based Inventurus Knowledge Solutions (IKS) is in advanced talks to raise a $675 million offshore loan to fund its proposed acquisition of TruBridge.
Inventurus Knowledge Solutions is arranging a $675 million offshore loan to acquire TruBridge.
KEY POINTS
- Citigroup, JPMorgan Chase, and Deutsche Bank will each underwrite $225 million of the loan.
- The loan facility is expected to be priced at SOFR plus 275 basis points.
- This will be IKS's largest acquisition, targeting a Nasdaq-listed healthcare IT company.
COMPANIES
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