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Pool to draw on existing credit facility for purchase of National Pool Tile Group
By Sara Rosenberg
New York, Feb. 21 - Pool Corp. plans on using borrowings under its existing credit facility to fund the acquisition of National Pool Tile Group Inc. from Pentair Water Pool and Spa Inc., according to a news release.
The transaction is expected to close in March.
Pool is a Covington, La.-based wholesale distributor of swimming pool and related backyard products.
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