Industrial equipment manufacturer Gardner Denver Inc would be meeting with lenders next week for its US$2.73 billion in loans to support the buyout undertaken by KKR & Co. This was confirmed by an anonymous source with knowledge of the transaction.

The meeting of the firm's US investors would be taking place on July 9, 10:30 am in New York. Its European investors on the other hand would be meeting at high noon on July 11 in London. 

KKR & Co is the hedge fund firm that is run by Henry Kravis and George Roberts. It had agreed to purchase Gardner Denver for the cost of US$3.7 billion. The total deal is valued at US$3.9 billion, which includes the debt in Gardner Denver's balance sheet.

The financing arrangers include HSBC Holdings Plc, the Macquarie Group Ltd, the Royal Bank of Canada, Mizuho Bank Ltd, Deutsche Bank AG, Citigroup Inc, Barclays Plc and UBS AG.