Airxcel plans new debt financing for buyout by L Catterton

By Sara Rosenberg

New York, March 14 – Airxcel plans on getting new debt financing to help fund its acquisition by L Catterton from One Rock Capital Partners LLC, according to a news release.

Jefferies LLC, Morgan Stanley and Citizens Capital Markets Inc. are leading the debt.

Airxcel is a producer and distributor of heating, ventilating, air conditioning, appliance and a variety of composite and soft good products serving specialty markets.

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