Aramark announces upsized allocation of debt refinancing

Philadelphia--(business wire)--aramark (nyse:armk), a global leader in food, facilities management and uniforms, announced today the successful allocation of a $1.1 billion debt refinancing of the company's 2025 term loan b which is expected to close by the end of june 2023. the transaction is net leverage neutral, maintains comparable fixed-to-floating debt levels, and extends the debt maturity by more than five years to june 2030. “we are pleased with the favorable outcome of our upsized debt.
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