Husky plans new financing for buyout by Berkshire and Omers

By Sara Rosenberg

New York, May 3 - Husky International Ltd. will be getting new financing to help fund its acquisition by Berkshire Partners LLC and Omers Private Equity Inc., according to a news release.

The financing will be provided by affiliates of Goldman Sachs & Co., including its principal mezzanine fund, Morgan Stanley Senior Funding, RBC Capital Markets and TD Securities Inc.

Under the agreement, Husky is being purchased from Onex Corp. for $2.1 billion.

Closing is expected early in the third quarter, subject to customary conditions.

Husky is a Bolton, Ont.-based supplier of injection molding equipment and services to the plastics industry.

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