BrightView Announces Successful Term Loan Repricing [Yahoo! Finance]
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BrightView Holdings, Inc. (BV)
Last brightview holdings, inc. earnings: 2/6 06:00 am
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Source: Yahoo! Finance
a repricing of its $738,000,000 senior secured term loan (the "Term Loan") due 2029. The repricing reduces the applicable interest rate on the Term Loan to Term SOFR plus 2.50%, down from the previous Term SOFR plus 3.00% to 3.25%. All other terms remain substantially unchanged. The Company estimates that repricing the Term Loan will produce cash interest expense savings of approximately $3.7 million annually. "Managing the balance sheet is nothing new," said Brett Urban, BrightView Chief Financial Officer. "Where we have an opportunity to drive value, we will continue to execute and build on our commitment of profitable growth. Taking advantage of today's market for term loan pricing is just the most recent example." About BrightView BrightView, the nation's largest commercial landscaper, proudly designs, creates, and maintains the best landscapes on Earth and provides the most efficient and comprehensive snow and ice removal services. With a dependable service commitment, Brig
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BV
Earnings
- 5/1/24 - Beat
BV
Sec Filings
- 6/21/24 - Form S-3
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- BV's page on the SEC website