AMETEK completed an amended and restated revolving credit facility to increase the size of its existing facility from $700 million to $850 million. The original facility, due to expire in December 2018, now has a maturity date of March 2021.

JPMorgan Chase Bank is lead arranger and serves as administrative agent for the eleven-bank syndicate. Bank of America, PNC, SunTrust and Wells Fargo are co-syndication agents.

“The revolving credit facility is a key part of our financing structure. The incremental $150 million in capacity provides AMETEK additional flexibility to support our growth plans, including our successful acquisition strategy,” said Robert R. Mandos, executive vice president and chief financial officer.

AMETEK is a global manufacturer of electronic instruments and electro-mechanical devices with annual sales of $4.0 billion.