Brink's closes $800M senior notes offering to refinance 2025 notes

BRINKS CO

Issued $400M 6.500% notes due 2029 and $400M 6.750% notes due 2032, both priced at par.
Proceeds will redeem $400M 5.500% senior notes due 2025 and repay revolver borrowings.
CFO says transaction extends maturities, increases liquidity, with no impact on 2024 interest expense or EPS guidance.
Notes are senior unsecured, guaranteed by certain subsidiaries; ranked equally with existing senior debt.

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