BrightSpring Health Services Refinances Term Loan B-February 2024-www.financetom.com

BrightSpring Health Services Refinances Term Loan B

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BrightSpring Health Services Refinances Term Loan B

Dec 11, 2024 2:40 PM

05:02 PM EST, 12/11/2024 (MT Newswires) -- BrightSpring Health Services ( BTSG ) said late Wednesday it completed the refinancing of its $2.55 billion term loan B facility due February 2031 through its Phoenix Guarantor unit.

The facility's repricing lowered the applicable interest rate on the outstanding term loan by 75 basis points, representing $19.1 million in estimated cash interest savings annually, the company said.

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