BrightView reprices $738M term loan; saves ~$7.5M annually on interest

BrightView Holdings, Inc.

Amendment No. 9 reduces margin on Term SOFR loans from 2.50% to 2.00%.
Term loan principal outstanding is $738 million; matures 2029.
Combined with May 2024 repricing, annual interest savings ~$7.5M, ~$35M through maturity.
CFO Brett Urban cites opportunistic balance-sheet management and cost reduction.

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