Just last year, private credit firms were falling over themselves to lend to software borrowers like Sophos. Now, AI anxiety has snarled up the market so much that Thoma Bravo’s $2.5 billion refinancing for the cybersecurity firm is facing hesitant lenders.
Just last year, private credit firms were falling over themselves to lend to software borrowers like Sophos. Now, AI anxiety has snarled up the market so much that Thoma Bravo’s $2.5 billion refinancing for the cybersecurity firm is facing hesitant lenders.
<iframe src="https://statesidedaily.com/embed/cluster/a91b6bc949bba3fd08b5f773b9d86c98f98ceb27" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Private Credit Snubs $2.5 Billion Deal by Thoma Bravo’s Sophos"></iframe>
