Aramark completes debt repricing

Philadelphia--(business wire)--aramark (nyse:armk), a global leader in food and facilities management, announced the successful completion of a favorable repricing for the company's 2028 term loan b, totaling $730 million. the new applicable interest rate will be the secured overnight financing rate (sofr) plus 175 basis points, representing a 25 basis point reduction in pricing. this proactive action is expected to generate annual interest expense savings, further enhancing aramark's capital s.
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