(Updates with maturities in second paragraph.)
Oct. 6 (Bloomberg) -- OpenLink Financial Inc. will host a lender meeting on Oct. 11 at 10 a.m. in New York to discuss the financing to support Hellman & Friedman LLC’s acquisition of the company from Carlyle Group, according to a person with knowledge of the transaction.
Credit Suisse Group AG is arranging the deal for the Uniondale, New York-based provider of financial software, which will include a $325 million term loan maturing in six years and a $50 million revolving line of credit due in five years, said the person, who declined to be identified because the terms are private.
The term loan will be covenant-lite, meaning it won’t carry any financial-maintenance requirements, the person said.
Judith Peterson, a spokeswoman for OpenLink, didn’t respond to an e-mail seeking comment.
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