IDEX Corporation Closes Five-Year $700 Million Senior Revolving Credit Facility

Date Announced: 27 Jun 2011

New owner of CVI Melles Griot re-finances six months before expiry of existing facility.

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE:IEX - News) announced today that it has closed a new five-year, $700 million senior revolving credit facility. The facility was financed through a syndication of 12 financial institutions, co-led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells Fargo, N.A., with Mizuho Corporate Bank, Ltd., The Bank of Tokyo-Mitsubishi UFJ, Ltd., and U.S. Bank, N.A., acting as co-documentation agents.

The new facility was timed to capitalize on current favorable market conditions and replace the company’s existing $600 million credit facility, which was due to expire December 2011.

Source: IDEX Corporation

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