Bloomberg News

OpenLink Said to Change Commitment Deadline on $325 Million Loan

October 19, 2011

Oct. 19 (Bloomberg) -- OpenLink Financial Inc., a provider of financial software, is said to have moved up the commitment deadline for a $325 million term loan it’s seeking to support Hellman & Friedman LLC’s acquisition of the company from Carlyle Group, according to a person with knowledge of the transaction.

Investors have until 12 p.m. tomorrow in New York to submit commitments, said the person, who declined to be identified because the terms are private. The company was originally seeking responses by Oct. 25.

To contact the reporter on this story: Michael Amato in New York at mamato3@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


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