Sage has completed a $400 million issue of U.S. Private Placement loan notes. This is one of those things that does not have a lot of immediate interest in the channel (or probably to anybody but the purchasers and Sage). But the loan issue suggests a certain amount of confidence in the over-all business. At least, it would take a positive image of the company in the United States in order to float the notes, something better than having Sage viewed as a producer of Stone Age software, as often described by rival NetSuite. Read more...