Aramark announces $500 million debt repayment

Philadelphia--(business wire)--aramark (nyse:armk), a global leader in food, facilities management and uniforms, announced today that the company is issuing notice to optionally redeem in full the $500 million outstanding principal amount of its 4.75% senior notes due 2026 effective on june 2, 2021. the company plans to fund the repayment, together with related premium and accrued interest, with available cash on hand. the debt repayment will result in annual interest expense savings of nearly
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