Colfax expands revolving commitments to $1.3 billion from $1 billion

By Wendy Van Sickle

Columbus, Ohio, Oct. 22 – Colfax Corp. increased its revolving credit agreement to $1.3 billion from $1 billion, according to a 10-Q filed with the Securities and Exchange Commission.

The increase was the result of the company exercising the agreement’s accordion feature.

Deutsche Bank AG, New York Branch is the administrative agent of the agreement entered into on June 5.

Colfax is a Fulton, Md.-based designer, manufacturer and marketer of fluid-handling products to commercial marine, oil and gas, power generation, defense and general industrial sectors.

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