Gardner Denver sets Monday bank meeting for $1.9 billion term loan

By Paul A. Harris

Portland, Ore., Jan. 23 – Arrangers led by Citigroup will host a bank meeting on Monday morning in New York for Gardner Denver Holdings, Inc.’s $1.9 billion term loan B.

The Milwaukee-based provider of industrial equipment and technology plans to use the proceeds to finance the combination of Gardner Denver and Ingersoll Rand Industrial and to refinance the existing Gardner Denver dollar- and euro-denominated term loan B facilities with extended facilities.

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