Vertafore in $260 Million Loan Financing

October 29, 2010

Cleary Gottlieb represented Vertafore in connection with a $260 million second-lien term-loan financing arranged by Bank of America, as administrative agent and collateral agent, and Credit Suisse, as syndication agent. The proceeds of this financing were used to refinance the unsecured loan provided by TPG to Vertafore in connection with the LBO transaction that closed on July 29. The transaction for the second-lien financing closed on October 29.