KKR and Goldman Sachs Commit $1.9 Billion Debt Financing for Ingersoll Rand Industrial

KKR Capital Markets, KKR Corporate Lending, Goldman Sachs Bank USA, and Citigroup Global Markets committed to provide $1.9 billion in debt financing to the Ingersoll Rand Industrial Borrower to fund the distribution payment required for the transaction.

“Gardner Denver and Ingersoll Rand Industrial have entered into a commitment letter dated April 30, 2019 by and among Citigroup Global Market Inc. (on its behalf and/or on behalf of certain of its affiliates), KKR Capital Markets LLC, KKR Corporate Lending LLC and Goldman Sachs Bank USA pursuant to which, among other things, certain parties thereto have committed to provide debt financing to the Ingersoll Rand Industrial Borrower with net proceeds of $1.9 billion”

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