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Fundraise Aug 2007 Verified

Regal Beloit Finances Acquisitions via Private Placement of Senior Notes

Regal Beloit financed the $220 million cash purchase price for the Fasco acquisition using proceeds from a previously announced private placement of senior notes.

“The Company financed the cash purchase price with proceeds from its previously announced private placement of senior notes.”

Entities

HVAC Sentiment: Neutral

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.