Golub Capital acted as Administrative Agent and Sole Lead Arranger on a $2.11 billion unitranche facility in refinancing Aptean’s existing first lien and second lien broadly syndicated loan facilities. And Aptean is a leading global provider of mission critical and vertical-market-focused enterprise resource planning software primarily for small and medium sized manufacturing businesses.
The $2.11 billion unitranche facility is comprised of a $150 million revolving credit facility, a $1.66 billion term loan, and $300 million delayed draw term loan.
Golub Capital has been Administrative Agent to Aptean since 2019 and since then, Golub Capital has led more than 10 transactions and helped grow the facility size from $650 million to over $1.7 billion before being refinanced this month.
KEY QUOTES:
“Sponsors are increasingly turning to private credit to support larger unitranche facilities, in part because of the growth of the industry and the ability of firms like ours to provide scalable financing solutions to resilient businesses.”
– Spyro Alexopoulos, Co-Head of Direct Lending at Golub Capital
“Golub Capital has consistently been a reliable financing partner and we are thrilled to continue our partnership on this latest transaction. They were uniquely positioned to lead this transaction because of their outstanding capital markets execution capabilities and software experience.”
– Tony Marsh, Managing Director and Chief Capital Markets Officer at TA
