Thoma Bravo's Quorum Software Gets Cheaper Debt Amid Demand.

Thoma Bravo's Quorum Software recently secured a $865 million unitranche deal with lower borrowing costs, thanks to strong demand from direct lenders. The transaction refinanced the company's existing debt at more favorable terms, including a revolving credit facility. The company's growth and financial performance have contributed to its ability to obtain attractive borrowing rates. The lender group for the deal included various prominent firms in the private credit market. The market is expected to see increased activity in 2025, following certain political developments. [Extracted from the article]