The parent is looking at savings through $4.1 billion loan repricing

Citrix Systems Inc. parent Cloud Software Group Inc. is poised to save millions of dollars in annual interest costs from its planned $4.1 billion repricing of a leveraged loan.

Citrix Systems parent Cloud Software Group is tapping US debt markets for the third time in six months. The company is the latest in a flood of risky borrowers taking advantage of benign credit conditions to raise cash. Citrix is the parent of Citrix systems parent Cloud software Group.