Compass Diversified repays debt under credit facilities

By Taylor Fox

New York, March 23 – Compass Diversified repaid the debt under its credit facilities, according to a news release.

The repayment follows the closing of its $1 billion 5¼% senior notes due 2029 issued by Compass Group Diversified Holdings LLC in a private transaction and concurrent refinancing transaction.

The company now has $569 million of its $600 million revolver available to fund future acquisitions.

Compass Diversified Holdings is a Westport, Conn.-based owner and manager of middle market businesses.

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