DL Deals: News & Analysis – 4/26/2021

At $2.3B, Calypso’s record unitranche demonstrates larger capacity for jumbos


The $2.3 billion unitranche loan supporting Thoma Bravo’s acquisition of Calypso Technology has set a new record for size, but what’s even more notable is that the credit was assembled as new issue, not incrementally, like other recent unitranches that crossed the $2 billion threshold (MRI Software, $2.2B, Diligent, $2.1B, Risk Strategies, $2B).