Clearwater Analytics lands $3.525B credit facility led by Goldman Sachs

What's the deal? Clearwater Analytics has secured a $3.525 billion senior secured credit agreement, led by Goldman Sachs Private CreditDealroom has a profile for this one. Try Dealroom →. The package includes a $2.7 billion term loan, a $500 million delayed draw term loan, and a $325 million revolving facility — executed at the closing of the company's acquisition in June 2026.

Why now? The financing supports post-merger operations and strengthens the company's balance sheet, replacing an earlier JPMorgan-led credit agreement. It signals confidence in private credit markets and the appetite of large lenders for merger-driven debt packages at scale.

The signal: With Goldman Sachs Private Credit leading a $3.525 billion facility, the deal underscores how private lenders are increasingly underwriting large-scale, acquisition-driven financing — territory once dominated by syndicated bank loans.

Read more: SEC EDGAR · TradingView

Image credit: Generated with Gemini