Goldman Launches Loan for Proofpoint’s Hornetsecurity Purchase

Goldman Sachs Group Inc. on Monday launched a leveraged loan that’s part of a roughly $1.6 billion debt package for Proofpoint Inc. that will fund the Thoma Bravo-backed cybersecurity firm’s acquisition of Hornetsecurity and refinance debt, according to people familiar who are not authorized to speak publicly.

The debt package includes a $444 million first-lien broadly syndicated term loan and a $1.2 billion privately placed second-lien term loan, also led by Goldman. A lender call for the first-lien loan is scheduled for Monday at 1 p.m. New York time, with commitments due Tuesday, June 24, at 10 a.m. New ...