Aramark Launches Process to Refinance 2024 Debt Maturity
Aramark, a global leader in food, facilities management and uniforms, announced the launch of a process to refinance the Company’s 2024 Term Loan B credit facility of $833 million that would proactively extend the maturity to 2028. The transaction is intended to be net leverage neutral, while maintaining comparable fixed-to-floating debt levels.
Concurrently, Aramark initiated a process for a 3-year extension of both its Revolving Credit Facility and Term Loan A to 2026, further strengthening the Company’s financial flexibility. These transactions are anticipated to be...
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