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Brink's Announces Plans for $400 Million Senior Notes Offering
BrinkBrink(US:BCO) Newsfilterยท2024-06-04 11:39

Company Overview - The Brink's Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, serving customers in over 100 countries through operations in 52 countries [3] Financial Offering - The Company intends to offer $400 million aggregate principal amount of 5-year senior unsecured notes, subject to market and other conditions [1] - The net proceeds from the offering will be used to redeem or repurchase the $400 million aggregate principal amount of its outstanding 5.500% Senior Notes due 2025, and temporarily repay amounts outstanding under its $1 billion revolving credit facility [1] Regulatory Information - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and non-U.S. persons [2]