Flow Control gets $50 million add-on term loan at SOFR plus 475 bps

By Sara Rosenberg

New York, Sept. 30 – Flow Control Group (FCG Acquisitions Inc.) wrapped up a fungible $50 million add-on first-lien term loan due April 2028 priced at SOFR plus 475 basis points with a 0.5% floor, according to a market source.

KKR Capital Markets and Antares Capital acted as the joint lead arrangers on the deal.

Proceeds will be used for acquisition financing.

Flow Control is a Charlotte, N.C.-based distributor and technical adviser for mission critical flow control and industrial automation products and related services.

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