Informatica gets $220 million five-year unsecured revolving facility

By Susanna Moon

Chicago, Sept. 30 – Informatica Corp. obtained a $220 million five-year unsecured revolving credit facility last Friday, according to an 8-K filed with the Securities and Exchange Commission.

JPMorgan Chase Bank, NA is the administrative agent, and Bank of America, NA is the syndication agent.

The agreement includes an option to request an increase in the revolving loan commitments or to add one or more term loan tranches up to $30 million for a total credit facility of up to $250 million.

The revolving credit facility has sublimits for swingline loans up to $10 million and for the issuance of standby letters of credit in a face amount up to $20 million.

Interest on the loans will be Libor plus 150 basis points to 200 bps, based on leverage.

The revolving loans will mature on Sept. 26, 2019.

Informatica is a Redwood City, Calif.-based provider of enterprise data integration and data quality software and services.

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