E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/19/2012 in the Prospect News Bank Loan Daily.

Rexnord gets agreement to increase revolver to $265 million

By Sara Rosenberg

New York, April 19 - Rexnord Corp. lifted its revolving credit facility amount to $265 million from $180 million, according to an 8-K filed with the Securities and Exchange Commission on Thursday.

The upsizing was completed on April 18.

Credit Suisse is the administrative agent on the deal.

Rexnord is a Milwaukee-based industrial company comprised of two strategic platforms: process & motion control and water management.


© 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.