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API Technologies to launch new debt this month for buyout by AEA
By Sara Rosenberg
New York, April 4 – API Technologies Corp. plans to come to market in late April with new debt financing to help fund its acquisition by AEA Investors from J.F. Lehman & Co., according to a market source.
RBC Capital Markets, UBS Investment Bank and Antares Capital are the leads on the debt.
Closing on the buyout is expected in May, the source said.
API is a Marlborough, Mass.-based provider of high-performance RF, microwave, millimeterwave, power and security solutions for defense, aviation, communications and other commercial and industrial end markets.
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