Micro Focus Credit Presentation Deck
2
Executive Summary
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On the back of the FY21 trading update announced on November 18th, Micro Focus is looking to raise
$1,100mm and €442mm in new 5-year Term Loan B to refinance¹ its existing capital structure as follows:
▪ Repay €442mm Term Loan B due June 2024
▪ Partially repay $2,428mm Term Loan B due June 2024
The leverage-neutral transaction will extend the weighted average maturity of the capital structure from 2.7
years to 3.6 years
A conference call with lenders is scheduled on Jan 10th, 2022
▪ Commitments are requested by Jan 13th, 2022, with allocations by Jan 14th, 2022
Note: (1) The proceeds of the Facility may be used, in part, to repay existing debt of the Company, including existing debt owed to the Arranger and/or one or more of its affiliates
MICROⓇ
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