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A-Gas FinCo to launch new term loan transaction on Wednesday
By Sara Rosenberg
New York, Oct. 24 – A-Gas FinCo Inc. is scheduled to hold a lender call at 9 a.m. ET on Wednesday to launch a new term loan, according to a market source.
Citigroup Global Markets Inc. is the lead on the deal.
Proceeds will be used to help fund the acquisition of a majority stake in the company by TPG from KKR. KKR will remain a significant minority shareholder in the business.
Closing is expected by the end of the year, subject to customary conditions, including certain regulatory approvals.
A-Gas is a U.K.-based supplier and lifecycle manager of refrigerant and industrial gases, fire suppressants and blowing agents.
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