BrightView amends credit agreements, adds Birch/One Rock as Permitted Holders, 1% prepayment premium

On August 31, 2023, BrightView Funding LLC (the “Receivables Financing Borrower”) and the Credit Agreement Borrower, subsidiaries of the Company, entered into the Fourth Amendment to the Receivables Financing Agreement (the “Receivables Financing Amendment”), which amends the Receivables Financing Agreement, dated as of April 28, 2017, by and among the Receivables Financing Borrower, the Credit Agreement Borrower, as initial servicer, PNC Bank, National Association, as administrative agent and letter of credit bank, PNC Capital Markets LLC, as structuring agent, and the persons from time to time party thereto as lenders and letter of credit participants (as amended by the First Amendment, dated as of February 21, 2019, the Second Amendment, dated as of February 21, 2021 and the Third Amendment, dated June 22, 2022, the “Receivables Financing Agreement”).

BrightView Holdings, Inc. (the “Company”), its wholly-owned subsidiary, BrightView Landscapes, LLC (the “Credit Agreement Borrower”), the other credit parties party thereto, the lenders or other financial institutions or entities party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent (the “Agent”), entered into Amendment No. 7 to the Credit Agreement dated as of August 31, 2023 (the “Credit Agreement Amendment”), which amends the Credit Agreement, dated as of December 18, 2013, by and among the Company, the Credit Agreement Borrower and the lenders or other financial institutions or entities from time to time party thereto and the Agent (as previously amended, the “Existing Credit Agreement”).