Synopsys prepares about $ 10 billion in sales of Ansys Agreement Financing, Bloomberg News reports
(Reuters) – Synopsys wants to sell about $ 10 billion bonds as soon as he will help financing his acquisition of software producer Ansys next week, Bloomberg News reported on Friday, citing people with knowledge of the matter.
The company requested the Bank of America, HSBC Holdings and JPMORGAN Chase to organize a series of invitations to a fixed income investor on Friday, according to a report, stating a different source.
Synopsys, JPMORGAN and HSBC did not immediately respond to Reuters’ comment demands, while Bank of America refused to comment.
Synopsys received approval last month for his $ 35 billion contract with Ansys in the European Union (EU).
In order to alleviate the competition that comes from the agreement, the EU said both companies agreed to sell Synopsys’ optics and photonics software and ansys -the power software.
The company has started discussions with Chinese regulators on the agreement, said Synopsys Executive Director Sassine Ghazi on Wednesday.
The acquisition, announced in January last year, would see Synopsys download ansys, a software manufacturer used in creating a diverse product range, including aircraft and tennis rackets used by players such as Novak Djokovic.
Potential bond sales come after Synopsys issued a strong revenue forecast on Wednesday in the second quarter, on the back of a growing demand for software used in the design of chips.
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