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Stock impact report

IDEX Corporation Closes Five-Year $800 Million Senior Revolving Credit Facility

IDEX Corporation (IEX) 
Last idex corporation earnings: 4/23 04:02 pm Check Earnings Report
Company Research Source: Business Wire
LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX CORPORATION (NYSE: IEX) announced today that it has closed a new five-year, $800 million senior revolving credit facility. The facility was financed through a syndication of 9 financial institutions, co–led by Bank of America, N.A., JP Morgan Chase Bank, N.A., and Wells Fargo Bank, National Association, with HSBC Bank USA, National Association, Mizuho Bank, Ltd., PNC Bank, National Association, and U.S. Bank, National Association, acting as co–documentation agents, and MUFG Bank, Ltd. and Bank of China, Chicago Branch as additional lenders. The new facility, which replaces the company’s existing $700 million credit facility that was due to expire in June 2020, provides greater capacity and capitalizes on favorable market conditions. About IDEX IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX busi Show less Read more
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