Ares leads $1 billion syndicated loan

Published: 22 July 2016

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Ares Capital is serving as lead arranger of a $1.075 billion loan facility for Thoma Bravo’s pending acquisition of Qlik Technologies, a data analytics company. Following the commitment of other arrangers, a portion of the facility was syndicated across a number of other alternative lenders and institutions. The ability to complete a transaction of this size and in such timely fashion was particularly attractive to its sponsor.