debt
confidence high
sentiment neutral
materiality 0.60
Rollins amends credit agreement, adds $252M in term loans maturing April 2024
ROLLINS INC
- Amendment provides additional $252.0M term loan; total term loans outstanding now $300M.
- New loan matures April 29, 2024; existing maturity date unchanged.
- Benchmark interest rate replaced from LIBOR to Bloomberg Short-Term Bank Yield Index (BSBY).
- Amortization schedule reset for all term loans; other material terms unchanged.