AAON Completes Purchase of BasX Real Property for $22 Million

AAON, Inc. completed the purchase of the principal real property and improvements used by its subsidiary BasX, Inc. for $22.0 million, funded by the newly amended credit facility.

“With available funds provided by the Amended Loan Agreement, on May 31, 2022, the Company completed the purchase of the principal real property and improvements utilized by BasX, Inc. for $22.0 million (previously announced on November 18, 2021), subject to customary closing conditions and adjustments.”

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