Deluxe seeks $449 million term loan B

By Sara Rosenberg

New York, Nov. 6 - Deluxe Corp. is in market with a $449 million term loan B that will refinance its existing term loan B debt at a lower rate, according to a syndicate document.

The term loan B is being talked at Libor plus 300 basis points.

Credit Suisse is the lead bank on the deal that was launched with a bank meeting this past Friday.

Deluxe is a provider of products and services to the motion picture industry.

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