debt
confidence high
sentiment neutral
materiality 0.55
Aramark prices €400M 4.375% senior notes due 2033 to refinance upcoming maturity
Aramark
- Issued €400M aggregate principal of 4.375% senior unsecured notes due 2033 via foreign subsidiary.
- Net proceeds to repay €325M of 3.125% notes maturing April 1, 2025; remainder for general corporate purposes.
- Refinancing expected to be net leverage neutral; closing date March 19, 2025.
- Offering made in private transaction under Rule 144A and Regulation S to qualified institutional buyers.