Filtration Group to launch $600 million term loan on Tuesday

By Sara Rosenberg

New York, Oct. 8 – Filtration Group is set to hold a lender call at 11 a.m. ET on Tuesday to launch a $600 million incremental first-lien term loan, according to a market source.

Goldman Sachs Bank USA, JPMorgan Chase Bank and BMO Capital Markets are the arrangers on the deal.

Proceeds will be used with cash on hand to finance the acquisition of Columbus Industries.

Filtration Group is a provider of filtration solutions, serving a diverse portfolio of global end markets. Columbus Industries is a provider of high-end consumable air filters for critical indoor air quality applications.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.