Flow Control closes $290 million leveraged buyout

In:

Oil & gas

Region:

Americas

By Aife Howse

Industrial manufacturers FR Flow Control Midco (rated B3 by Moody’s) closed a $290 million unsecured facility on 28 June 2019. The American company’s newly acquired funds will be used to back the leveraged buyout of Flow Control from the Weir Group.The financing is made up of three...

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