Thoma Bravo is offering lenders a fresh package of protections as it seeks to refinance cybersecurity company Sophos, highlighting the growing pressure on PE sponsors to reassure creditors as artificial intelligence reshapes the software sector, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as saying that the proposed refinancing includes several provisions designed to strengthen the position of existing lenders. Among them is an “omniblocker”, whic...
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