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Vestis宣布完成再融资交易

亚特兰大-2024年2月22日-Vestis(纽约证券交易所代码:VSTS),一家领先的制服和 Workplace Supplies今天宣布成功再融资8亿美元的2年期定期贷款A-1和8亿美元的7年期定期贷款B。该交易是净杠杆中性的,并将债务期限延长五年以上至2031年。

新的定期贷款B定价为担保隔夜融资利率(SOFR)加225个基点,以0.25%的原始发行折扣发行,将 在Vestis达到信贷协议中定义的3.30倍净杠杆后,调整为SOFR加200个基点。

“我们很高兴地宣布成功的再融资,定期贷款B结构, 反映了我们对去杠杆化的承诺。Vestis首席财务官 表示:”将我们的债务期限从两年延长至七年的能力增强了我们的财务状况,有助于推进我们的战略计划并推动强劲的股东回报 瑞克·狄龙“我们对我们的资本配置策略的实力以及我们通过在2026财年实现1.5倍至2.5倍的最佳净杠杆率范围来改善杠杆率的能力仍然充满信心。”

除新的定期贷款B外,公司现有定期贷款A-2还有6.91亿美元剩余,还有3亿美元未提取的循环信贷 这两项设施都将于2028年成熟。

有关信贷协议修订条款的其他详细信息,请参见公司向证券交易所提交的8-K文件 2024年2月22日,委员会。

这笔再融资交易由Wells Fargo Securities,LLC牵头。

关于VESTIS™
Vestis是B2B制服和工作场所用品类别的领导者。Vestis为众多北美客户提供制服服务和工作场所用品 客户从财富500强公司到本地小型企业,涵盖广泛的终端行业。该公司提供的全面服务主要包括全方位服务的制服租赁计划、地垫、毛巾、床单、托管 洗手间服务、急救用品、无尘室和其他专业服装加工。

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前瞻性陈述
 
This press release contains “forward-looking statements” within the meaning of the securities laws regarding Vestis’ strategic plan, shareholder returns and ability to improve its leverage profile. These forward-looking statements are subject to risks and uncertainties that may change at any time, and actual results or outcomes may differ materially from those that we expected. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict including, but not limited to: unfavorable economic conditions; increases in fuel and energy costs; the failure to retain current customers, renew existing customer contracts and obtain new customer contracts; natural disasters, global calamities, climate change, pandemics, strikes and other adverse incidents; increased operating costs and obstacles to cost recovery due to the pricing and cancellation terms of our support services contracts; a determination by our customers to reduce their outsourcing or use of preferred vendors; risks associated with suppliers from whom our products are sourced; challenge of contracts by our customers; our expansion strategy and our ability to successfully integrate the businesses we acquire and costs and timing related thereto; currency risks and other risks associated with international operations; our inability to hire and retain key or sufficient qualified personnel or increases in labor costs; continued or further unionization of our workforce; liability resulting from our participation in multiemployer-defined benefit pension plans; liability associated with noncompliance with applicable law or other governmental regulations; laws and governmental regulations including those relating to the environment, wage and hour and government contracting; increases or changes in income tax rates or tax-related laws; new interpretations of or changes in the enforcement of the government regulatory framework; a cybersecurity incident or other disruptions in the availability of our computer systems or privacy breaches; stakeholder expectations relating to environmental, social and governance considerations; the expected benefits of the separation from Aramark and the risk that conditions to the separation will not be satisfied; the risk of increased costs from lost synergies; retention of existing management team members as a result of the separation from Aramark; reaction of customers, employees and other parties to the separation from Aramark, and the impact of the separation on our business; our leverage and ability to meet debt obligations; any failure by Aramark to perform its obligations under the various separation agreements entered into in connection with the separation and distribution; a determination by the IRS that the distribution or certain related transactions are taxable; and the and the timing and occurrence (or non-occurrence) of other transactions, events and circumstances which may be beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Vestis’ filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contacts

投资者
ir@vestis.com
470-924-1293

媒体
丹妮尔·霍尔科姆
470-716-0917
邮箱:danielle. vestis.com


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