Goldman Sachs Backing Dayforce Buyout With $6 Billion of Debt

Goldman Sachs Group Inc. committed a $6 billion debt financing package to support Thoma Bravo’s acquisition of human resources software provider Dayforce Inc., according to a person with knowledge of the matter.

The debt includes a $5.5 billion term loan and a $500 million revolving credit facility, said the person, who asked not to be identified discussing private information. Goldman Sachs could sell the financing to a variety of lenders, the person said.

More lenders are expected to join the syndicate, said the person. Discussions are still ongoing and terms of the deal could change.

Representatives for Goldman ...