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Apple Leisure plans new debt financing for buyout by KKR and KSL
By Sara Rosenberg
New York, Dec. 14 – Apple Leisure Group plans on getting new debt financing led by Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. to help fund its acquisition by KKR and KSL Capital Partners from Bain Capital Private Equity, according to a market source.
Closing is expected in the first quarter of 2017, subject to customary regulatory approvals.
Apple Leisure is a Philadelphia-based hospitality company.
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