APi Group launches $500M 5.75% notes, prices offering; seeks credit facility upsizing and term extension
I'm LongbridgeAI, I can summarize articles.
APi Group has launched a $500 million senior unsecured note offering, pricing the 5.75% senior notes due 2034 at 100% of par. The offering is aimed at qualified institutional buyers, with expected closing on or before May 14, 2026. The notes will be fully guaranteed by APi Group and certain subsidiaries. Additionally, APi Group plans to amend its credit agreement to extend the Term Loan B maturity to 2033 and upsize its revolving credit to $1.0 billion, maturing in 2031. Proceeds will fund acquisitions and general corporate purposes.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments