MSA Issues $200 Million in Senior Notes to Finance Acquisition

MSA Safety issued $200 million of 15-year senior notes with a fixed interest rate of 2.69 percent to partially finance the Bacharach acquisition. The remainder was financed through a senior revolving credit facility.

“The transaction was financed through a combination of fixed and variable incremental borrowings. 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.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.