SS&C Announces $2,775 Million Refinancing of Term Loans

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment, financial and healthcare software-enabled services and software, today announced that it intends for one of its subsidiaries to borrow up to $2,775 million in aggregate principal amount of incremental term B-8 loans. The loans will come under its existing amended and restated credit agreement, dated April 16, 2018, by and among SS&C Technologies, Inc., SS&C Financing LLC, SS&C European Holdings SARL and SS&C Technologies Holdings Europe SARL, as the borrower, subject to market and other conditions.

SS&C Technologies, Inc. expects to use the net proceeds of this offering, together with the net proceeds of other unsecured debt and cash on hand, to repay all amounts owed under the term B-3 loans, the term B-4 loans and the term B-5 loans under the Credit Agreement, as well as related fees and expenses.

The foregoing transactions are subject to conditions and are anticipated to close in the second quarter of 2024. However, there can be no assurance that the Company will be able to successfully complete the transactions, on the terms described above, or at all.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.