Embodiments of the present disclosure relate to a heating, ventilation, air conditioning, and refrigeration (HVAC&R) system that includes a refrigerant loop, a compressor disposed along the refrigerant loop and configured to circulate refrigerant through the refrigerant loop, a heat exchanger disposed along the refrigerant loop and configured to place the refrigerant in thermal communication with a cooling fluid flowing through tubes of a tube bundle within the heat exchanger, an inlet of the heat exchanger configured to direct the refrigerant into the heat exchanger, a trough of the heat exchanger configured to receive the refrigerant from the inlet, and a perforated baffle of the heat exchanger disposed downstream of the trough and configured to direct the refrigerant from the trough over the tubes of the tube bundle.