Thu 09/21/2023 07:11 AM
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For covenant analysis of this transaction click HERE to submit the loan document.

Investors considering French enterprise management software company Cegid’s €700 million non-fungible term loan B add-on highlighted that the company is stable, generates cash, the EBITDA margin is high and the majority of the group’s revenue is recurring. The company has made a number of acquisitions while keeping leverage under control, buysiders said.

Cegid is joining the relatively small group of...
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