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Lennox gets $400 million revolver
By Sara Rosenberg
New York, July 11 - Lennox International Inc. closed on a new $400 million amended revolving credit facility due July 8, 2010, according to a company news release.
Banc of America Securities LLC and J.P. Morgan Securities Inc. acted as joint lead arrangers on the deal and as co-agents.
Borrowings under the revolver will be used for general corporate purposes.
Lennox is a Richardson, Texas-based company involved in the heating, ventilation, air conditioning and refrigeration markets.
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