Vista’s Finastra secures record-breaking $5.3bn private loan
Private Equity Insights
AUGUST 18, 2023
Private lenders including Oak Hill Advisors, Blue Owl Capital, and HPS Investment Partners are providing a record-breaking $5.3bn loan package to Finastra Group Holdings Ltd, a fintech firm owned by Vista Equity Partners, according to a report by Bloomberg. The report cites data from KBRA DLD as revealing that the financing, which comprises a $4.8bn unitranche, a blend of senior and subordinated debt, and a $500m revolver facility, is the biggest private credit loan ever in the US.