Factset Mergers and Acquisitions Presentation Deck
FACTSET
FactSet has secured $2 billion in committed financing to fund the CGS acquisition at closing
1 Initial transaction financing
Sources
New 3-Year Term Loan A
New 18-Month Term Loan A
New Revolver Drawn
Cash on Hand
Total Sources
Uses
Purchase Price
Refinance Existing Revolver 1
Total Uses
$ million
$1,000
$1,000
$250
$250
$2,500
$ millions
$1,925
$575
$2,500
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●
1.
Currently $575 million of $750 million existing revolver is drawn
2.
Based on loan facility pricing grid with estimated net leverage ratio at acquisition closing
3. Excluding minor share repurchases to offset dilution impact from stock option grants
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Purchase price funded through combination of new debt and cash on hand
Commitment in place for $2 billion loan facility from PNC Bank and Bank of America
$1 billion 3-Year Term Loan A (SOFR + 137.5 bps ²)
$1 billion 18-Month Term Loan A (SOFR + 125 bps 2)
Replacing and resizing existing revolving credit facility in conjunction with financing
Resized $500 million 5-Year revolving credit facility; new $750 million accordion
feature
Following closing of CGS acquisition, we intend to suspend share repurchases for
the remainder of fiscal 2022 3
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