# KSB secures EUR 550 million in new credit lines from six banks

KSB, a pumps and valves manufacturer, has concluded new credit lines totalling EUR 550 million with a consortium of six banks, including a EUR 300 million revolving facility and a EUR 250 million guarantee facility. The term is five years with options to extend by up to two years. Hengeler Mueller advised on the financing.

- Type: Investment
- Announced: 2023-08-08
- Where: Germany
- Value: $590.0M (550.0M EUR)
- Status: completed
- Products: pumps, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [KSB](https://endata.com/companies/921.md)
- [Hengeler Mueller](https://endata.com/companies/7757.md) (partner)

## Sources

- [chambers.com](https://chambers.com/articles/hengeler-mueller-advises-ksb-on-eur-550-million-refinancing), 2023-08-08: "KSB has concluded new credit lines totalling EUR 550 million with a consortium of six banks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.