Apergy withdraws $395 million term loan repricing from market

By Sara Rosenberg

New York, Oct. 29 – Apergy Corp. pulled the repricing of its $395 million term loan from the market, according to a market source.

The repricing was talked at Libor plus 200 basis points to 225 bps with a 0% Libor floor and a par issue price.

J.P. Morgan Securities LLC was the lead bank on the deal.

Apergy is a The Woodlands, Texas-based provider of highly engineered technologies that help companies drill for and produce oil and gas efficiently and safely.

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