Aramark launches process to refinance 2024 debt maturity

Philadelphia--(business wire)--aramark (nyse:armk), a global leader in food, facilities management and uniforms, announced today the launch of a process to refinance the company's 2024 term loan b credit facility of $833 million that would proactively extend the maturity to 2028. the transaction is intended to be net leverage neutral, while maintaining comparable fixed-to-floating debt levels. concurrently, aramark initiated a process for a 3-year extension of both its revolving credit facility
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