Brink's prices $400 million 5-year and $400 million 8-year senior notes offering

Richmond, va., june 05, 2024 (globe newswire) -- the brink's company (nyse:bco) (the “company”) today announced the pricing of its offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. the notes will be issued at par, will mature on june 15, 2029 and june 15, 2032, respectively, and will bear an annual interest rate of 6.500% and 6.750%, respectively. the notes will be general unsecured obligations guaranteed by the company's existing and future u.s. subsidiaries that are guarantors under the company's credit facility. the offering is expected to close on june 12, 2024, subject to customary closing conditions. the offering was upsized from the previously announced offering of $400 million aggregate principal amount of 5-year senior unsecured notes, resulting in an additional series of 8-year senior unsecured notes.
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