RBS Global Announces its Parent's Proposed $400.0 Million Senior Unsecured Term Loan Facility.

MILWAUKEE -- RBS Global, Inc. ("RBS Global") announced today that its indirect parent, Rexnord Holdings, Inc. ("Holdings") intends, subject to certain conditions, to enter into a six-year $400.0 million aggregate principal amount senior unsecured term loan facility (the "Holdings Loan Agreement") with Credit Suisse ("CS") as the initial lender, Credit Suisse Securities (USA) LLC as the lead arranger and bookeAErunning manager and CS as the administrative agent. Holdings intends to use the net proceeds from the Holdings Loan Agreement to pay a dividend to its stockholders. Neither Chase Acquisition I, Inc. or RBS Global nor any of their subsidiaries will be a party to the Holdings Loan Agreement.

About RBS Global

RBS Global is the parent company of Rexnord LLC ("Rexnord"), a portfolio company of Apollo Management. Headquartered in Milwaukee, Wisconsin, Rexnord is a leading diversified, multi-platform industrial company with approximately 7,000 employees worldwide. Rexnord is comprised of two key platforms: Power Transmission and Water Management. Rexnord's power transmission products include gears, couplings, industrial bearings, flattop, aerospace bearings and seals, industrial chain, and special components. Rexnord's water management products include specification drainage, water control, cross-linked polyethylene tubing or PEX and commercial brass, and are sold primarily under the Zurn and Wilkins brand names. Additional information about the company can be found at www.rexnord.com and www.zurn.com.

Forward-Looking Statements

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The information under this Item 7.01 in this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.