Citrix Systems Inc (CTXS) Stock News
NASDAQ:CTXS - Nasdaq - US1773761002 - Common Stock - Currency: USD
CTXS Latest News, Press Relases and Analysis
Citrix Parent Aims to Revise Second Loan in Market’s Record Year
Citrix Systems Inc.’s parent is seeking its second leveraged-loan repricing of 2024, part of a record year of such activity as the market has topped $1 trillion of deals for the first time.
Mentions: TIBX
Citrix Parent Weighs Sale of ShareFile Platform Arm
The parent of Citrix Systems Inc. is exploring a sale of content-collaboration platform ShareFile, according to people with knowledge of the matter, as the software maker starts to streamline under its private equity owners.
Mentions: TIBX
Citrix Parent Taps Bond Market for Third Debt Sale in Six Months
Citrix Systems parent Cloud Software Group is tapping US debt markets for the third time in under six months as it looks to repay more expensive obligations, the latest in a flood of risky borrowers taking advantage of benign credit conditions to raise cash.
Mentions: UBS
Boeing Hack Targeted Flaw With Citrix System, Investigators Say
Hackers targeting a Boeing Co. subsidiary took advantage of a flaw with Citrix Systems Inc. software that had gone unnoticed and unfixed for weeks, a government advisory said Tuesday.
Oak Hill, Carlyle Win Big on Citrix Buyout as Banks Nurse Losses
Private credit firms that provided a risky type of financing for the leveraged buyout of Citrix Systems Inc. are raking in gains on their investment, in sharp contrast to Wall Street banks that have realized some $1.3 billion of losses.
Mentions: CG
Hackers Are Exploiting a Flaw in Citrix Software Despite Fix
A critical flaw in software from Citrix Systems Inc., a company that pioneered remote access so people can work anywhere, has been exploited by government-backed hackers and criminal groups, according to a US cyber official.
Goldman Offloads $3.8 Billion of Citrix Debt at a Steep Discount
A group of banks led by Goldman Sachs Group Inc. offloaded the riskiest portion of debt from last year’s buyout of Citrix Systems Inc. after being stuck with it for months as investors became more cautious.
Mentions: GS
Elliott, Carlyle Help Fuel Goldman Push to Offload Citrix Debt
Elliott Investment Management and Carlyle Group are among the investors that have placed orders for a $3.84 billion slug of debt backing the buyout of Citrix Systems Inc., which a group of banks are offering to unload at a steep discount, according to people with knowledge of the matter.
Mentions: CG
Wall Street Banks Set to Lose More Than $1.3 Billion on Citrix Buyout Debt
Wall Street banks are poised to realize at least $1.3 billion in losses on the sale of ultra-risky debt tied to the leveraged buyout of Citrix Systems Inc.
Goldman Dangles 14% Yield on Roughly $4 Billion of Citrix Debt
A group of banks led by Goldman Sachs Group Inc. launched a $3.84 billion deal to offload the riskiest chunk of financing from last year’s Citrix Systems Inc. buyout, according to people with knowledge of the matter.
Mentions: GS
Final Deadline: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Encourages Citrix Systems, Inc. (CTXS) Investors to Actively Participate in Class Action
Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Encourages Citrix Systems, Inc. (CTXS) Investors to Actively Participate in Class Action
Wall Street Banks Are Selling at Least $520 Million More Citrix Debt
Wall Street banks are set to offload at least another $520 million of loans for the buyout of Citrix Systems Inc. in a second block trade of the debt that lenders have been stuck holding for months, according to people with knowledge of the matter.
Citigroup, Morgan Stanley Among Banks to Offload $750 Million of Citrix Debt
Citigroup Inc. and Morgan Stanley were among a total of six lenders that offloaded $750 million of debt tied to the buyout of Citrix Systems Inc. earlier this week as Wall Street banks look to chip away at billions of dollars in risky loans clogging their balance sheets.
New Study Shows Chief Information Officers Now Have Ultimate Control of Organizational Budgets and Strategies
JPMorgan reportedly steers clear of most bad buyout loans in 2022 (NYSE:JPM)
JPMorgan Chase (JPM) was said to have managed to keep its distance from many of the year's leveraged loan deals that costed investment banking peers billions of dollars in unrealized...
Carlyle Credit Arm Makes $1.5 Billion Wager on Citrix, Nielsen Buyout Debt
Carlyle Group Inc. made large bets on the buyouts of Citrix Systems Inc. and Nielsen Holdings Plc as banks struggled to find buyers for billions of dollars of debt they agreed to provide to finance the deals.
More Pain Ahead for Banks as Investors Balk at Risky Buyout Debt
Wall Street banks trying to offload tens of billions of dollars in high-risk leveraged buyout debt are finding it increasingly tough as yields surge.
Surging Rates and Dollar Worries Set the Stage for a Volatile Week
(Monday Market Open) As this morning’s stock futures continued Friday’s retreat, we’re watching the continued upward march of the U.S. dollar and Treasury yields like everyone else. But we’re also waiting to see what the world’s central banks might do next.
PG&E Corporation (PCG) Stock Pops Following Inclusion in the S&P 500
PG&E Corporation (PCG) stock is getting a boost on Monday from the utility company's planned inclusion in the S&P 500 next month.
Mentions: PCG
A $15 Billion Risky Debt Deal Heralds Day of Reckoning for Wall Street
On paper, the deal was a no-brainer: a $15 billion debt financing that would net banks hefty fees and kick off a year of mega-acquisitions even as central banks tightened the spigots on their pandemic support.
Mentions: SBUX
Elliott Bought $1 Billion of Citrix Bonds, Boosting Its Own Bet
Wall Street Banks Set to Lose About $600 Million on Citrix Debt
Wall Street Sees Billions of Dollars in Demand for Citrix Deal
Wall Street bankers have received billions of dollars in demand on a big buyout package for Citrix Systems Inc., allowing them to reduce the amount of the risky loans they have to hold on their own books.
Mentions: DE
Banks Kick Off $4 Billion Citrix Bond Sale as Loan Draws Demand
Wall Street banks have kicked off the second part of a $15 billion debt package for the buyout of Citrix Systems Inc., as they look to offload risky loans they’ve been stuck with for months.
Citrix Plans to Explore Sale of Wrike Unit After Buyout Closes
Banks Begin $4.5 Billion Citrix Loan Sale in High-Profile Deal
A group of banks kicked off a roughly $4.5 billion leveraged loan sale on Wednesday to help support the buyout of Citrix Systems Inc. in a closely-watched transaction that will reveal just how willing investors are to buy risky corporate debt.
Credit Markets Brace for Big Post-Jackson Hole Test From Citrix Loan Sale
Bankers are poised to kick off the $15 billion leveraged buyout financing for Citrix Systems Inc. next week, testing investor demand for risky debt just days after the Federal Reserve pledged to keep raising interest rates.
Hackensack Meridian Health Transforms Patient Care with Citrix®
Banks Slice and Dice $80 Billion in M&A Debt That No One Wants
Global banks stuck with $80 billion in unappealing M&A financing debt are trying new tactics to find buyers.
Mentions: UBS
Citrix Bankers Pitch Fresh Structure for $15 Billion Buyout Debt
Citrix Systems Inc. bankers are doing whatever it takes to get one of the biggest buyout financings of the past decade off their books, pitching investors a revised $15 billion deal to help limit potential losses as the credit market thaws.
Mentions: MS
Luleå University of Technology Transforms Delivery of Education with Citrix®
Facing Losses, Citrix Buyout Bankers Hold Onto Big Chunk of Debt
Banks led by Bank of America Corp. are expected to keep about $2.5 billion to $3.5 billion of a loan provided for the buyout of Citrix Systems Inc. on their balance sheets, even as they ramp up efforts to offload the rest to investors.
Mentions: BAC
BofA Starting Fresh Talks with Investors on Citrix Buyout Debt
Bank of America Corp. plans to start fresh talks with investors on Monday to sell parts of a $15 billion debt financing for the buyout of Citrix Systems Inc., a deal that has been difficult for underwriters to offload.
Mentions: BAC
