American Express Global Business Travel Announces Refinancing Of Its Existing Credit Facility
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American Express Global Business Travel has announced the refinancing of its existing credit facility. The company has entered into an amended and restated credit agreement for a $1,400 million senior secured first lien term loan facility and a $360 million senior secured first lien revolving credit facility. The term loan facility will mature on July 26, 2031, while the revolving credit facility will mature on July 26, 2029.
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