CPI Security Systems obtains $200M revolver

CPI Security Systems Inc. has completed a $200 million revolver due 2026 to refinance the company's previous revolver due 2021.

Pricing on the facility opens at L+150, with a 0.50% Libor floor.

Wells Fargo acted as left lead arranger on the transaction, which closed in February.

CPI Security Systems designs, installs, monitors and services security systems.