Veritas-Backed Firm Begins Year's Biggest Software Refinancing
Gainwell Technologies, backed by Veritas, has initiated a $5.8 billion debt refinancing that marks the largest software sector refinancing of 2026. The move comes at a time when the software industry has significantly underperformed compared to the broader leveraged-loan market, presenting both challenges and opportunities for the refinancing.
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Veritas-Backed Firm Begins Year’s Biggest Software Refinancing
Gainwell Technologies, backed by Veritas, has launched a $5.8 billion debt refinancing that marks the largest software sector deal of 2026. The refinancing occurs amid a period of significant underperformance in the software sector relative to the broader leveraged-loan market, which has widened to the largest gap in years.
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