Drive DeVilbiss gets financing commitment with investment by CD&R

By Sara Rosenberg

New York, Aug. 30 – Drive DeVilbiss Healthcare received a commitment for financing from Barclays, JPMorgan Chase Bank NA, Citigroup Global Markets Inc., Capital One and HSBC Securities (USA) Inc. in connection with a significant equity investment from Clayton, Dubilier & Rice, according to a news release.

Closing is expected in the fourth quarter.

Drive DeVilbiss is a Port Washington, N.Y.-based manufacturer of medical products.

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