Brightview announces successful term loan repricing

Blue bell, pa.--(business wire)--brightview holdings, inc. (nyse: bv) (“company”) today announced that it has successfully completed a repricing of its $738,000,000 senior secured term loan (the “term loan”) due 2029. the repricing reduces the applicable interest rate on the term loan to term sofr plus 2.50%, down from the previous term sofr plus 3.00% to 3.25%. all other terms remain substantially unchanged. the company estimates that repricing the term loan will produce cash interest expense.
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