Belden prices $1.85 billion senior secured term loan B due 2033
Belden Inc.
Belden Inc. BDC | 0.00 |
- Belden priced a USD 1.85 billion senior secured term loan B due 2033, with closing tied to the pending RUCKUS Networks acquisition.
- Facility priced at 99.75% of face value, implying a 0.25% original issue discount.
- Loans will pay interest at SOFR + 2.25%.
- Proceeds, together with cash on hand, will fund the RUCKUS purchase price, related fees, and expenses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belden Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260611446333) on June 11, 2026, and is solely responsible for the information contained therein.
