Bel Fuse, Inc.
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$175 Million Senior Secured Revolving Credit Facility |
| Client & Transactional Partners |
Bel Fuse, Inc. |
| Our Role |
Joint Lead Arranger Sole Bookrunner Administrative Agent |
Summary
On September 2, 2021, KeyBanc Capital Markets (“KBCM”) successfully closed on a $175 Million Senior Secured Revolving Credit Facility (the “Revolver”) for Bel Fuse Inc. Proceeds from the Revolver will be used to refinance existing debt, finance working capital needs and for other general corporate purposes. KBCM acted as Joint Lead Arranger, Sole Bookrunner, and Administrative Agent on the transaction.
Founded in 1949 and headquartered in Jersey City, New Jersey, Bel Fuse Inc.'s (the "Company") designs, manufactures and markets a broad array of electrical component products, such as magnetics, modules, circuit protection devices and interconnect equipment which protects, regulates, connects, isolates or manages the flow of power and data. The Company’s products are used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries.
