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Filtration Group readies launch of $1.65 billion loan for Tuesday
By Sara Rosenberg
New York, March 16 – Filtration Group Corp. is scheduled to hold a lender call at 11 a.m. ET on Tuesday to launch a $1,653,000,000 senior secured first-lien term loan, according to a market source.
Goldman Sachs Bank USA and J.P. Morgan Securities LLC are the bookrunners on the deal.
Proceeds will be used to fund mergers and acquisitions and to refinance existing debt.
Filtration Group is a Chicago-based manufacturer and distributor of filtration products to end markets.
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