'Thoma Bravo Weighs $1B Private Credit Loan For Nextgen Acquisition; Debt Would Replace Equity; Not Required For Takeover To Close; Thoma Bravo Often Uses Private Credit To Help Fund Its Buyouts' - Bloomberg News
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Thoma Bravo is in discussions with private credit lenders about arranging roughly $1 billion of debt financing for its planned acquisition of NextGen Healthcare Inc., according to people with knowledge of the matter.
A potential financing deal would reduce the amount of equity Thoma Bravo will need to put up for the acquisition but is not required for the takeover to close, said the people, who asked not to be named because details of the transaction are private