Api group announces debt paydown

New brighton, minn.--(business wire)--api group corporation (nyse: apg) (“api” or the “company”), a global, market-leading business services provider of life safety, security and specialty services, today announced that the company has recently paid down an additional $175 million on its term loan due 2026, leaving $330 million outstanding. api has repaid a total of $475 million of debt year to date and expects to end 2023 below its targeted net leverage ratio of 2.5x. kevin krumm, api's chief.
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