New York, July 22, 2016 -- Moody's Investors Service said that Printpack Holdings, Inc.'s change in financing has no immediate impact on the company's B2 corporate family rating, B2-PD Probability of Default rating and other instrument ratings and stable outlook. The first lien Senior Secured Term Loan due 2023 has been increased to $275 million from $250 million. The proceeds from the increase will likely be held in cash and provide additional liquidity to the business.
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