NEW YORK, Nov 26 (Reuters) – A high-profile $2.02 billion
leveraged loan for Tibco Software is the latest US
buyout deal that has been forced to add expensive perks to
attract buyers as risk-averse investors hold out for better
terms amid a market correction.
Tibco increased its loans by $70 million to finance a deeper
discount. The company also increased the interest margin on the
loan and made other concessions designed to tempt investors into
the deal, bankers said.