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Knowlton Development, Apollo Infra Equity, Priority Payment Systems all widen pricing
By Sara Rosenberg
New York, Dec. 11 – In the primary market on Tuesday, Knowlton Development Corp. lifted pricing on its term loan and made a number of lender friendly documentation changes.
Additionally, Apollo Infra Equity US Holdco LLC increased the spread on its term loan B and widened the original issue discount.
And, Priority Payment Systems flexed pricing on its add-on term loan B and may end up deepening the issue price, although no official change has been made to the discount as of yet. The company also terminated plans to reprice its existing term loan B.
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