LAKE FOREST, Ill.--(BUSINESS WIRE)--Jun. 23, 2015--
IDEX CORPORATION (NYSE:IEX) announced today that it has closed a
new five year, $700 million senior revolving credit facility. The
facility was financed through a syndication of 10 financial
institutions, co–led by Bank of America, N.A., JP Morgan Chase, N.A.,
and Wells Fargo, N.A., with Mizuho Bank, Ltd., Barclays Bank plc, 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 $700 million credit
facility, which was due to expire in June, 2016.
IDEX Corporation is an applied solutions company specializing in fluid
and metering technologies, health and science technologies, and fire,
safety and other diversified products built to its customers’ exacting
specifications. Our products are sold in niche markets to a wide range
of industries throughout the world. IDEX shares are traded on the New
York Stock Exchange and Chicago Stock Exchange under the symbol “IEX”.
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Source: IDEX Corporation
Heath A. Mitts, 847.498.7070
President – Chief Financial Officer