Other Jul 2021
MSA finances Bacharach acquisition with $200M senior notes and revolver
MSA financed the Bacharach transaction through fixed and variable incremental borrowings, including issuing $200 million of 15-year senior notes and drawing on its senior revolving credit facility.
“In conjunction with the acquisition closing, MSA today issued $200 million of 15-year senior notes with a fixed interest rate of 2.69 percent.”
Entities
Bacharach, Inc. · Target MSA Safety Incorporated · Acquirer
HVACRefrigeration
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