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Published on 11/5/2020 in the Prospect News Bank Loan Daily.

CSW Industrials to acquire TRUaire using $300 million credit facility

By Taylor Fox

New York, Nov. 5 – CSW Industrials, Inc. plans to use debt under its existing $300 million credit facility, 850,000 shares of common stock and cash on hand to acquire TRUaire for $360 million, according to a news release.

Closing is expected to occur by the end of the calendar year.

CSW Industrials is a Dallas-based industrial growth company with platforms across three segments: industrial products; coatings, sealants and adhesives; and specialty chemicals.


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