Synopsys Preparing Around $10 Billion Bond Deal for Next Week
- Company looking to sell debt to help fund Ansys acquisition
- Synopsys held investor calls Friday to discuss debt sale
Synopsys headquarters in Mountain View, California.
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Synopsys Inc. is looking to sell around $10 billion of bonds as soon as next week to help finance its $34 billion acquisition of software maker Ansys Inc., according to people with knowledge of the matter.
The maker of software for designing computer chips asked Bank of America Corp., HSBC Holdings Plc and JPMorgan Chase & Co. to arrange a series of fixed-income investor calls on Friday, a different person said. At $10 billion, the debt sale would be the biggest non-financial deal this year.