Gardner Denver Inc., an industrial equipment maker, obtained $3.4 billion of debt financing to back its leveraged buyout by KKR & Co.
The company is getting a $1.8 billion term loan, $525 million of bank debt that can be drawn in euros, a $400 million revolving credit line and as much as $675 million of bridge financing, according to a regulatory filing.
The financing is being provided by Barclays Plc, Citigroup Inc., Deutsche Bank AG, KKR, Mizuho Financial Group Inc., Royal Bank of Canada and UBS AG, according to the filing.
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