McAfee Brings $3.3 Billion of Junk Bonds to Finance Buyout (1)

McAfee Corp. came forward with a $3.3 billion two-part bond deal on Monday to help finance its leveraged buyout by a group of private equity firms, according to people with knowledge of the matter.

The cybersecurity software maker is selling $1 billion of seven-year secured notes and $2.32 billion eight-year unsecured bonds, the people said, asking not to be identified discussing a private transaction.

An investor call will be held on Tuesday at 11 a.m. in New York, they added. The deal will market through Thursday with pricing expected thereafter, they said.

A group of private equity firms led ...