State Street Corporation issued an aggregate principal amount of $1 billion of senior debt and $500 million of senior subordinated debt. The offering was structured in keeping with State Street’s ongoing diversity, equity and inclusion efforts.
Specialty chemicals provider KMG acquired Flowchem, a manufacturer of Pipeline performance products. KeyBank acted as agent for a loan commitment of $600 million to support the acquisition.
Vishay Intertechnology announced that it entered into an amended and restated $640 million credit facility. JPMorgan Chase Bank led the lender syndicate as administrative agent.