Brightview announces successful term loan repricing

Blue bell, pa.--(business wire)--brightview holdings, inc. (nyse: bv) today announced that it has successfully completed a repricing of its $738,000,000 senior secured term loan due 2029. the repricing reduces the applicable interest rate on the term loan to term sofr plus 2.00%, down from the previous term sofr plus 2.50%. all other terms remain substantially unchanged. coupled with the repricing from may 2024, the company estimates that repricing the term loan will produce cash interest expen.
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