Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Veritas-Backed Gainwell Kicks Off Bond Part of $5.8 Billion Deal
Politics

Veritas-Backed Gainwell Kicks Off Bond Part of $5.8 Billion Deal

Bloomberg Markets Tuesday 11 August 2026, 12:31 UTC By Gowri Gurumurthy 1 min read
Key Points

Bonds Veritas-Backed Gainwell Kicks Off Bond Part of $5.8 Billion Deal Gainwell Technologies has started the next leg of a broader $5.8 billion debt overhaul that marks the US software sector’s biggest financing of 2026 in the junk-debt market. The Veritas Capital Fund Management-owned firm unveiled a five-year high-yield bond Tuesday that will be part of a $4.34 billion package that includes a leveraged loan, according to a person familiar with the matter. The note is being pitched at a...

Bonds Veritas-Backed Gainwell Kicks Off Bond Part of $5.8 Billion Deal Gainwell Technologies has started the next leg of a broader $5.8 billion debt overhaul that marks the US software sector’s biggest financing of 2026 in the junk-debt market. The Veritas Capital Fund Management-owned firm unveiled a five-year high-yield bond Tuesday that will be part of a $4.34 billion package that includes a leveraged loan, according to a person familiar with the matter. The note is being pitched at a yield in the mid-9% area and a lender call is scheduled for 11 a.m. New York time, the person said, asking not to be identified discussing private information.
Veritas (ORG) Gainwell Kicks Off Bond Part (ORG) Gainwell Technologies (ORG) US (LOCATION) The Veritas Capital Fund Management (ORG) New York (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Ebola deaths surpass 2,000 in Democratic Republic of Congo

NAIROBI — More than 2,000 people have died of Ebola in the Democratic Republic of Congo, in a fast-moving outbreak health authorities believe began months earlier than officially declared. Democracy Dies in Darkness The 7 logo The 7 LIVEEbola deaths surpass 2,000 in Democratic Republic of Congo Health experts are racing to stem the outbreak which WHO officials believe started months earlier than officially declared.

Washington Post World 15m ago

Forest owner Marinakis suing Palace for defamation

Evangelos Marinakis: Nottingham Forest owner suing Crystal Palace for defamation after banner at Selhurst Park Nottingham Forest owner Evangelos Marinakis is suing Crystal Palace for defamation for a banner unfurled at Selhurst Park last season; FA investigated the incident in November; Palace were charged and fined £50,000 but Marinakis determined to pursue club to full extent of the law Tuesday 11 August 2026 13:48, UK Evangelos Marinakis is suing Crystal Palace for defamation, after a...

Sky Sports Football 16m ago

Lebanon becomes first Arab nation to abolish death penalty

In a landmark change to Lebanon’s penal system, the country’s parliament on Tuesday approved legislation abolishing the death penalty, replacing it with life imprisonment with aggravated hard labour, the state-run National News Agency reported. The vote makes Lebanon the first Arab country to formally abolish the death penalty. Justice Minister Adel Nassar, who attended the parliamentary session, described the vote as a “historic step” for Lebanon.

South China Morning Post 18m ago

Colombia quake death toll reaches 224 with more than 2,700 missing

Officials say 224 people have been killed in the aftermath of an earthquake in Colombia, with at least 2,700 people reported missing. The earthquake has destroyed or damaged approximately 1,600 buildings in some of the country's most disadvantaged areas. Venezuelan President Abelardo de la Espriella is vowing a whole-of-government response to the crisis.

ABC Australia 26m ago