Knowlton Development to launch €441 million term loan on Tuesday

By Sara Rosenberg

New York, June 22 – Knowlton Development Corp. (KDC/ONE) will hold a lender call at 8 a.m. ET to launch a €441 million senior secured term loan (B-/B+), according to a market source.

UBS Investment Bank, Jefferies LLC and Guggenheim are the leads on the deal.

Proceeds will be used to help fund the acquisition of Zobele Group.

Knowlton Development is a Longueuil, Quebec-based manufacturer and custom formulator of beauty, personal care and household products. Zobele is an Italy-based manufacturer of home and air care products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.