Belden prices USD 1.85 billion term loan to fund pending Ruckus Networks acquisition
Belden Inc.
Belden Inc. BDC | 0.00 |
- Belden is seeking to buy RUCKUS Networks, with closing expected alongside a new USD 1.85 billion senior secured term loan B due 2033.
- The facility was syndicated and priced at 99.75% of face value, with interest set at SOFR + 2.25%.
- Proceeds, together with cash on hand, are slated to fund the RUCKUS purchase price, 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 on June 11, 2026, and is solely responsible for the information contained therein.
