Resolute Industrial wraps $100 million senior credit facilities

By Sara Rosenberg

New York, Aug. 20 – Resolute Industrial LLC completed $100 million of senior credit facilities, according to a market source.

Antares Capital and Sumitomo Mitsubishi Banking Corp. acted as the joint lead arrangers and co-syndication agents on the deal. Antares is the administrative agent.

The facilities consist of a $10 million five-year revolver and a $90 million six-year term loan, the source said.

Proceeds were used to refinance existing debt and pay deal-related fees and expenses.

Resolute Industrial, a One Equity Partners portfolio company, is a Chicago-based provider of industrial temperature controls solutions, including heating and cooling rental services, compressor remanufacturing and refrigerant recovery products.

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