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Published on 7/22/2019 in the Prospect News Bank Loan Daily.

Knowlton Development to launch $85 million term loan on Tuesday

By Sara Rosenberg

New York, July 22 – Knowlton Development Corp. will hold a lender call at 10 a.m. ET on Tuesday to launch an $85 million incremental first-lien term loan due Dec. 21, 2025, according to a market source.

Jefferies LLC is the left lead arranger on the deal.

Proceeds will be used to fund an acquisition.

Knowlton Development is a Quebec-based custom formulator and solution services partner to beauty, personal care and home/industrial care companies.


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