NEW YORK (PRWEB) September 05, 2018
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has executed a $300 million Accelerated Share Repurchase (ASR). The ASR is supported by the amended Credit Agreement NETSCOUT entered into which provides for a new five-year $1 billion senior secured revolving credit facility. EA Markets served as Financial Advisor on both the Accelerated Share Repurchase and the amended credit facility.
“EA supported our objective for optimal execution of our Accelerated Share Repurchase and expanded revolver,” said Jean Bua, NETSCOUT’s Chief Financial Officer. “EA gave us confidence throughout the transaction process and enabled us to negotiate excellent economic terms.”
“NETSCOUT has a strong corporate finance foundation,” said Reuben Daniels, EA's Managing Partner, “and we are pleased to have been able to add value to their team.”
About EA Markets LLC
EA Markets is an independent investment bank focused on arranging capital. EA has raised over $100 billion dollars in debt and equity financing for public corporations and private equity portfolio companies. Our corporate finance professionals are highly experienced in executing syndicated loans, direct placements and securities underwriting transactions. For more information on EA, visit our website at http://www.eamarkets.com/.