SPX Flow to redeem 5 7/8% notes due 2026 on Sept. 2

By Wendy Van Sickle

Columbus, Ohio, Aug. 3 – SPX Flow, Inc. has issued an irrevocable notice of redemption for its 5 7/8% senior notes due 2026 for a redemption price of 102.938 plus interest, according to an 8-K filed with the U.S. Securities and Exchange Commission.

SPX gave noteholders notice that it will redeem in full all of the outstanding notes on Sept. 2 using proceeds of a delayed-draw term loan and available cash.

There are currently $300 million of the notes outstanding.

Based in Charlotte, N.C., SPX Flow is a supplier of highly engineered flow components, process equipment and turn-key systems, along with related aftermarket parts and services.

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