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IDEX Corporation Closes Five Year $700 Million Senior Revolving Credit Facility

2015-06-24 13:43:41| Industrial Machines - Topix.net

The facility was financed through a syndication of 10 financial institutions, co-led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells Fargo, N.A., with Mizuho Bank, Ltd., Barclays Bank plc, and U.S. Bank, N.A., acting as co-documentation agents. The new facility was timed to capitalize on current favorable market conditions and replace the company's existing $700 million credit facility, which was due to expire in June, 2016.

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