05:30 PM EDT, 05/28/2024 (MT Newswires) -- BrightView ( BV ) said late on Tuesday that it completed repricing its $738 million senior secured term loan due 2029, resulting in cash interest expense savings of about $3.7 million annually.

The repricing reduced the applicable interest rate to Term Secured Overnight Financing Rate plus 2.5%, down from the previous Term SOFR plus 3% to 3.25%.