Federal Signal Corporation Announces $215M New Credit Facilities

Federal Signal Corporation

announced today that it has completed a refinancing of its existing senior secured credit facilities. The new senior secured credit facilities are comprised of a fully funded $215 million five-year senior secured term loan and a $100 million five-year senior secured revolving credit facility. TPG Specialty Lending, Inc. is the Agent and Sole Lead Arranger for the senior secured term loan facility. Wells Fargo Capital Finance, LLC and GE Capital Corporate Finance are Co-Collateral Agents for the senior secured revolving credit facility. Wells Fargo Capital Finance, LLC will be the Administrative Agent for this facility.