SAGE RAISES $300M IN U.S.

Sage Group, parent to Sage North America, has raised $300 million through an issue of U.S. Private Placement loan notes. It's a refinancing move and the company said the issue would extend maturities of existing debt and diversify sources of funding. Every time I read financial reports from Sage, I'm think for the American system because it always looks the English companies don't have to say a whole lot to the public. Read more...

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