Trellix, Skyhigh Owner Magenta Buyer in Pact With Debt Holders

Magenta Buyer, the owner of Trellix and Skyhigh Security, said it closed a transaction with a “substantial majority” of holders of its existing first lien and second lien term loans due in 2028 and 2029.

• Magenta Buyer said it raised $400m of new capital, extended debt maturities and de-levered its balance sheet in the transaction
• NOTE: Elliott, Other Lenders Cut Debt Deal With Ex-McAfee Firm

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Greg Chang in San Francisco at gchang1@bloomberg.net

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Zachary Fleming at zfleming2@bloomberg.net

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