Filtration Group to launch $93 million add-on first-lien term loan

By Sara Rosenberg

New York, July 6 – Filtration Group Corp. is set to hold a lender call on Tuesday to launch a fungible $93 million add-on first-lien term loan, according to a market source.

Goldman Sachs Bank USA is the lead bank on the deal.

Proceeds will be used to fund an acquisition, the source said.

Pricing on the company’s existing first-lien term loan is Libor plus 325 basis points with a 1% Libor floor.

Filtration Group is a Chicago-based manufacturer and distributor of filtration products to end markets.

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