Sixth Street Leads $2 Billion Private Debt for Alteryx LBO
- Package includes $1.8 billion term loan, $200 million revolver
- Discounted price on loan increased to 98.5 cents on the dollar
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Sixth Street Partners is leading a group of private credit lenders providing $2 billion of debt for the buyout of software developer Alteryx Inc. by Clearlake Capital and Insight Partners, according to people with knowledge of the matter.
Blackstone Inc., Blue Owl Capital Inc. and Apollo Global Management Inc. are also part of the group, which includes around 20 lenders, said the people, who asked not to be identified as the details are private.