Garda World Security completed a $2.552 billion refinancing of its credit facilities and senior notes. The company’s new senior secured credit facilities are comprised of a five-year $335 million senior secured revolving credit facility and a seven-year $1.438.billion senior secured term loan facility.
With these new facilities, including the notes, and the support of BC Partners Advisors, GardaWorld is set to realize its long term objectives with stability in its financial structure and additional availability of capital to fund future expansion plans.
The lenders and issuing banks of the new credit facilities are JPMorgan Chase Bank, Bank of America, Barclays Bank, TD Bank, ATB Financial, Jefferies Finance, Royal Bank of Canada, The Bank of Nova Scotia and UBS, Stamford Branch.
Simpson Thacher & Bartlett and Séguin, Racine Attorneys acted as legal counsel to GardaWorld while Cahill Gordon & Reindel and Davies Ward Phillips & Vineberg acted as legal counsel to the lenders and issuing banks.
GardaWorld is a privately-owned security services company.
