Financial Times FT.com

Misys puts new finance in place for Allscripts

By Philip Stafford

Published: May 27 2009 09:26 | Last updated: May 27 2009 17:52

Misys, the banking and healthcare software group, has refinanced the debt package it agreed in the wake of the collapse of Lehman Brothers last year.

The $210m (£131m) three-year deal replaces a $325m package to secure the acquisition of Allscripts, the US clinical software record provider, which was in its final stages last September. Lehman had committed to providing funding for the bid when it was first launched in March 2008.

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