M&A
confidence low
sentiment neutral
materiality 0.50
Griffon updates financing details for $845M Hunter Fan acquisition
GRIFFON CORP
- Ames subsidiary to acquire Hunter Fan for $845M, as announced Dec 17, 2021.
- Financing includes cash on hand, $400M revolver (or new), and $750M term loan.
- Lender presentation delivered to potential term loan lenders on Jan 10, 2022.
- Transaction remains subject to regulatory approvals and closing conditions.