UBS Sounds Out Investors for DigiCert Debt Tied to Vercara Deal

UBS Group AG is gauging investor interest in a potential debt deal that would amend and extend software company DigiCert Inc.’s roughly $2 billion loan and raise around $200 million in new financing, according to people familiar with the situation.

• New debt and cash on balance sheet would help fund the acquisition of cloud security firm Vercara, said the people, who asked not to be identified because the discussions are private
• Deal would extend the maturity of the existing first-lien term loan by three years to 2029, with early pricing discussions at 4.5 percentage points above the benchmark ...