Aramark Completes Term Loan Repricing at a Lower Rate

MT Newswires Live12-12

$Aramark(ARMK-W)$ (ARMK) said late Thursday it completed the repricing of its 2030 term loan B of $2.40 billion.

The new rate will be the secured overnight financing rate plus 175 basis points, a 25 bps drop in pricing, the company said.

The reduced rate is expected to result in annual interest expense savings, according to the company.

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