Deals
BMC Raises $1.63 Billion of Bonds in Upsized Dollar Offering
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BMC Software Inc. issued $1.63 billion of dollar-denominated debt after increasing the offering by about 18 percent and reducing a planned loan package.
The information technology provider, which yesterday scrapped plans for a 250 million-euro ($333 million) portion of the sale, issued 8.125 percent, eight-year securities to yield 589 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg.