Milbank LLP represented Jefferies Finance LLC, Macquarie Capital (USA) and KKR Capital Markets LLC as initial purchasers in connection with BMC Software’s offering of $1.35 billion in aggregate principal amount of notes, consisting of $600 million in first lien senior secured notes, €370 million in first lien senior secured notes and $350 million in second lien senior secured notes and a $75 million incremental revolving loan, to finance the acquisition of Compuware Software Group.
Headquartered in Houston, BMC Software serves more than 10,000 customers worldwide, including 49 companies in the Forbes Global 50. BMC Software provides market-leading IT operations management software solutions to help customers manage and reinvent their businesses with open, scalable, and modular solutions to complex IT problems.
The Global Capital Markets team was led by partners Rod Miller and Jonathon Jackson and associates Cora Hillman, Alex Youssef and Meg Dennard. The Global Leveraged Finance team was led by partner Marcus Dougherty, special counsel Meir Hornung and associates Ben Eisenstein and Joy-Annette Atsegbua.
