Direct lender and credit manager Golub Capital has acted as administrative agent and sole lead arranger on a $2.11bn unitranche facility to refinance Aptean’s existing first lien and second lien broadly syndicated loan facilities.
Aptean is a global provider of mission critical, vertical-market-focused enterprise resource planning software primarily for small and medium sized manufacturing businesses.
The $2.11bn unitranche facility comprises a $150m revolving credit facility, $1.66bn term loan and $300m delayed draw term loan.
Golub Capital has been administrative agent to Aptean since 2019. Since then, Golub Capital has led more than 10 transactions and helped grow the facility size from $650m to over $1.7bn before this latest refinancing.