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Thoma Bravo Cedes to Lender Revolt on $5 Billion Proofpoint Loan
Thoma Bravo has restructured a $5 billion loan for its Proofpoint acquisition after facing pushback from lenders concerned about artificial intelligence disruption in the tech sector. The reworking of the deal represents a significant concession by the private equity firm to address lender anxieties about the company's future viability amid rapid AI advancement.
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