BOC Edwards credit facility launch expected late April, early May

By Sara Rosenberg

New York, April 12 - BOC Edwards is currently anticipated to hold a bank meeting around the late April, early May timeframe to launch its proposed credit facility, according to a market source.

Deutsche Bank, Lehman Brothers, Barclays Bank and RBS Securities are the lead banks on the deal.

Proceeds will be used to fund CCMP Capital's acquisition of BOC Edwards from The Linde Group for about €685 million.

BOC Edwards is a manufacturer of vacuum and semiconductor equipment.

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