Blackstone-Led Group Provides $5 Billion of Debt for Zendesk

Bloomberg2022-06-27

Financing will help fund the buyout by H&F and PermiraApollo, Blue Owl and HPS are also providing debt for dealZendesk headquarters in San Francisco.Photographer: David Paul Morris/BloombergA group of...

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Comments

VivianChua
2022-06-27
VivianChua
Ok
dwwong
2022-06-27
dwwong
amc
ccy1122
2022-06-27
ccy1122
[OK] [OK] [OK] [Like] [Like] [Like]
kevinlaisq
2022-06-27
kevinlaisq
Pls like
Road1Warrior
2022-06-27
Road1Warrior
Need to learn more of this risk appetite by these lender
kianlin
2022-06-27
kianlin
Like pla. Thanks

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Including debt, the deal is valued at about $10.2 billion, and shareholders will receive $77.50 per share.The deal followed an announcement by Zendesk earlier this month that it would remain independent after failing to find a potential buyer. 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Thanks","listText":"Like pla. Thanks","text":"Like pla. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046947088","repostId":2246994202,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":226,"commentSize":10,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2246994202"}