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ARMK - Aramark extends debt maturity though debt refinancing
Aramark
2023-06-14 07:47:18 ET
Aramark ( NYSE: ARMK ) refinances $1.1B Company’s 2025 Term Loan B which is expected to close by the end of June 2023.
The transaction is net leverage neutral, maintains comparable fixed-to-floating debt levels, and extends the debt maturity by more than five years to June 2030.