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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.
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