Atmus Filtration Technologies, Inc.

Overview

Deal Type Debt Capital Markets
Size $1.5 Billion
Senior Secured Credit Facilities
Client & Transactional Partners Atmus Filtration Technologies, Inc.
Our Role Joint Lead Arranger

Summary

On January 7, 2026, KeyBanc Capital Markets (KBCM) successfully closed the syndication of $1.5 billion Senior Secured Credit Facilities (the Facilities), consisting of a $500 million Revolving Credit Facility and a $1 billion Term Loan A for Atmus Filtration Technologies, Inc. (Atmus or the Company). Proceeds from the transaction were used to finance the acquisition of Koch Filter Corporation (Koch Filter), which closed concurrently with the Facilities, and refinance their existing $1 billion Senior Secured Credit Facilities. KBCM acted as Joint Lead Arranger on the transaction.

Headquartered in Nashville, Tennessee, Atmus is one of the global leaders of filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The Company designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide superior asset protection. Atmus has long-standing and deep-seated relationships with blue-chip OEMs across the globe. Atmus was formerly known as Cummins Filtration and, prior to their 2023 IPO, was a subsidiary of Cummins Inc. (NYSE:CMI).

Headquartered in Louisville, Kentucky, Koch Filter is an independent, pure-play industrial air filtration platform offering diverse applications across commercial and industrial HVAC, data centers, power generation, healthcare, and e-commerce end markets. With 500+ professionals across four sites, Koch Filter offers a broad, highly consumable, portfolio of air filtration solutions.

KeyBanc Capital Markets is a trade name under which the corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., member FINRA/SIPC (“KBCMI”), and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and by its licensed securities representatives. Banking products and services are offered by KeyBank N.A.

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