Parker, Senior Unsecured Term Loan Facility
|Deal Type||Debt Capital Markets|
Senior Unsecured Term Loan Facility
|Client & Transactional Partners||Parker-Hannifin||Our Role||
Left Lead Arranger
On May 22, 2019, KeyBanc Capital Markets, Inc. (“KBCM") successfully closed a 3-year $800 million Senior Unsecured Term Loan Facility (the “Term Loan”) for Parker-Hannifin Corporation (“Parker” or the “Company”).
Parker selected KBCM as Joint Lead Arranger, Joint Bookrunner and Administrative Agent for the new $800 million Term Loan based on KBCM’s successful track record of oversubscribing Parker’s previous syndications and KBCM’s extensive, long-term relationship with the Company. This transaction represents KBCM’s eleventh syndicated transaction closed for Parker as Left Lead Arranger and Administrative Agent since 2001.