Cole-Parmer plans new credit facility via Jefferies, Golub, Antares

By Sara Rosenberg

New York, Feb. 16 – Cole-Parmer Instrument Co. is expected to come to market within the next few weeks with a new credit facility, according to a market source.

Jefferies Finance LLC, Golub and Antares Capital are the leads on the deal.

The facility consists of a revolver, a first-lien term loan and a second-lien term loan, the source said.

Proceeds will be used to help fund the buyout of the company by Golden Gate Capital from GTCR.

Closing is expected this quarter.

Cole-Parmer is a Vernon Hills, Ill.-based provider of laboratory and industrial fluid handling products, instrumentation, equipment and supplies.

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