NASDAQ:TYPE - Nasdaq -
Buyout firm HGGC has clinched a $1.45 billion financing from direct lenders for its portfolio company Monotype Imaging Holdings Inc., and plans to use almost half of it to pay itself a dividend.
Mentions: OWL
Buyout firm HGGC is exploring a sale of Monotype Imaging Holdings Inc. that could value the typeface firm at more than $4 billion, including debt, according to people familiar with the matter.
Mentions: JPM
Buyout firm HGGC is exploring a sale of Monotype Imaging Holdings Inc. that could value the typeface firm at more than $4 billion, including debt, according to people familiar with the matter.
A group of lenders led by Deutsche Bank AG has been forced to come up with the cash to finance the leveraged buyout of typeface developer Monotype Imaging Holdings Inc. after struggling to find buyers for the debt.
Mentions: DB
Monotype Imaging (NASDAQ:TYPE) has received shareholder approval for its acquisition by private-equity firm HGGC, according to its filing. That came at today's special shareholder meeting. The buyout
The U.S. leveraged loan and high-yield markets will be watching for how banks wrap up their struggling sale of Shutterfly Inc.’s buyout debt this week. Loan investors expect commitments due on at least 10 deals for $6 billion, while the pipeline is thin for junk-rated issuance. Investment-grade borrowers may sell about $15 billion of bonds.
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday
Zacks.com featured highlights include: Kinross Gold, Hallmark Financial, Quarterhill, Sunny Optical and Monotype Imaging
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