debt
confidence medium
sentiment neutral
materiality 0.30
Rollins announces private offering of senior notes to repay credit facility and for general purposes
ROLLINS INC
- Rollins commencing private offering of senior notes; no principal amount, rate, or maturity disclosed.
- Notes guaranteed by subsidiaries that are guarantors under its senior credit agreement.
- Proceeds primarily to repay borrowings under senior credit agreement and for general corporate purposes such as dividends, share repurchases, and acquisitions.
- Offering subject to market conditions; no assurance that offering will be completed.