BofA Starting Fresh Talks with Investors on Citrix Buyout Debt

Bank of America Corp. plans to start fresh talks with investors on Monday to sell parts of a $15 billion debt financing for the buyout of Citrix Systems Inc., a deal that has been difficult for underwriters to offload.

The preliminary discussions are expected to focus on the secured portion of the financing ahead of official sales, or syndications, that could launch right after the US Labor Day holiday in early September, according to people with knowledge of the matter who asked not to be identified when discussing a private transaction.