BrightView reprices $738M term loan, cuts margin by 50-75 bps, annual savings ~$3.7M

BrightView Holdings, Inc.

Repriced $738M senior secured term loan due 2029; rate reduced to Term SOFR + 2.50% from 3.00%-3.25%.
Estimated cash interest expense savings of approximately $3.7 million annually.
All other terms of the credit agreement remain substantially unchanged.
CFO Brett Urban highlighted proactive balance sheet management to drive value.

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