In a LinkedIn post dated April 20, 2022, Sage Group COO Lee Perkins announced his departure from Sage.

Perkins had two stints at Sage totaling around 8 years. He became the company’s first COO in August 2020 although prior to that, he held a number of executive positions at Sage.

He had recently disappeared from the Sage executive team page and had been less visible for the past several months.

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According to an article in Business Live, Sage Group PLC is set to close on a first ever bond offering of approximately $490 million.

According to the article:

“The offering is expected to settle on 25 February 2021 subject to the satisfaction of customary conditions.

“The notes issue extends the maturity of the group’s debt portfolio and diversifies its funding sources.

“Sage intends to use the proceeds to repay its existing indebtedness and for general corporate purposes.

Image By TubularWorld – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=61605022