LPC: Symantec markets US$2.8bn in term loans for Blue Coat acquisition

July 12, 2016 4:09 PM

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NEW YORK, July 12 Norton antivirus software maker Symantec is in the market with US$2.8bn in term loans backing the company's US$4.65bn acquisition of privately held cyber security company Blue Coat, sources said.

The loans comprise a US$1bn three-year Term Loan A and a US$1.8bn five-year Term Loan A, the sources said.

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