A-Gas FinCo to launch new term loan transaction on Wednesday

By Sara Rosenberg

New York, Oct. 24 – A-Gas FinCo Inc. is scheduled to hold a lender call at 9 a.m. ET on Wednesday to launch a new term loan, according to a market source.

Citigroup Global Markets Inc. is the lead on the deal.

Proceeds will be used to help fund the acquisition of a majority stake in the company by TPG from KKR. KKR will remain a significant minority shareholder in the business.

Closing is expected by the end of the year, subject to customary conditions, including certain regulatory approvals.

A-Gas is a U.K.-based supplier and lifecycle manager of refrigerant and industrial gases, fire suppressants and blowing agents.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.